by Calculated Risk on 9/27/2007 02:46:00 PM
Thursday, September 27, 2007
Fannie Says Housing Slump to Last Beyond 2008
On Bloomberg Video: Mudd of Fannie Says Housing Slump to Last Beyond 2008.
Click image for video.
September 27 (Bloomberg) -- Fannie Mae Chief Executive Officer Daniel Mudd talks with Bloomberg's Peter Cook in Washington about the state of the U.S. housing market, the prospects for raising Fannie's mortgage portfolio cap and the outlook for legislation to create a new regulator for the government-sponsored enterprises. Mudd, whose government-chartered company is the largest provider of money for U.S. home loans, said the housing slump will last beyond next year. (Source: Bloomberg)