Detailed text transcripts for TV channel - FOXNEWS - 20100816:17:31:00
Some role in trillions of dollars in mortgages in the united states. and this year the federal government has had a hand in more than four of every five new home loans issued. the government has helped fill the mortgage void created by banks reluctant to lend money. some analysts say the government needs to stay deeply involved in housing because the feds right now are propping up the housing market, and without their support prices would plummet, and americans would find it extremely difficult to get a mortgage. shannon? shannon: rich edson, always great to see you. thank you. >> reporter: th...
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