Ralph Nader speaks about the possible closing of the government mortgage giants, Fannie Mae and Freddie Mac. I tend to agree with Nader when he says that the closing of the seconday mortgage government funded entities would cause "Too many unknowns" and that those "unknowns" don't bode well for the real estate industry and will keep government representitives from voting to close their doors in Congress.
Here's the CNBC.com Video:
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