LIVE: Mortgage Markets Face 'Fundamental Change,' Geithner Says
The big takeaway from today's "Future of Housing Finance" conference at the U.S. Department of Treasury was that everybody agreed to agree – more or less. It was a given that Fannie Mae and Freddie Mac will be put into retirement, eventually.
As Treasury Secretary Timothy Geithner said in his introductory remarks, "This administration will side with those who want fundamental change."