Peters, Campbell Explain Mortgage Overhaul Plan

May. 13, 2011
May 13 (Bloomberg) -- U.S. Representatives John Campbell, a California Republican, and Gary Peters, a Michigan Democrat, talk about their plan to overhaul the U.S. mortgage-finance system. The plan, introduced today, would wind down Fannie Mae and Freddie Mac and establish a system of private associations funded by private capital. They speak with Betty Liu on Bloomberg Television's "In the Loop." (Source: Bloomberg)
Correction: Clarification: