Detailed text transcripts for TV channel - MSNBC - 20110214:07:22:00
We all know what the options are. it's time to get serious about a plan to phase out fannie and freddie. return them to the private sector. >> who fills the gap? they prop up 90% of the mortgages in this country. there's no money out there to guarantee those mortgages. >> they can do this as private companies. they don't need to have this ic federaloverent guartee. you're wiingto suffer the pontl co which is further cratering thesi market if y pivize tse companies? >>he gap that's out there will be filled. remember, the dfederal governmet started to build these organizations 40 and 50 years ag...
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