Shiller Says Fannie, Freddie Phase-Out May Hurt Housing

March 15 (Bloomberg) -- Robert Shiller, an economics professor at Yale University and co-creator ...  More »

March 15 (Bloomberg) -- Robert Shiller, an economics professor at Yale University and co-creator of the S&P/Case-Shiller home-price index, talks about the impact a wind-down of Fannie Mae and Freddie Mac may have on the U.S. housing market. The Obama administration has proposed phasing out the two mortgage companies have required a combined $154 billion in Treasury funds since they were placed under U.S. conservatorship more than two years ago. Shiller speaks with Mark Crumpton on Bloomberg Television's "Bottom Line." (Source: Bloomberg)  « Less