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Congress Is Primed to Address Crisis Over Mortgages

By Charlene Carter
CongressNow Staff
Sept. 24, 2007, 11:46 a.m.

The subprime mortgage crisis that threatens to send 2 million mortgages worth an estimated $500 billion into default has some lawmakers looking to the Federal Housing Administration and government-sponsored entities Fannie Mae and Freddie Mac as possible saviors for the shaky housing market.

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February 9, 2012

Rep. Michele Bachmann, who recently suspended her campaign for the presidency, speaks at the 2012 Conservative Political Action Conference in Washington, D.C., on Feb. 9.

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The clear expectation is Congress will get very little done this election year. But what does get accomplished, at least in the high-profile areas, will largely be the handiwork of an elite group of staffers — who combine policy expertise, political acumen and the trust of their lawmaker bosses to drive much of the legislative agenda.

Congress Is Primed to Address Crisis Over Mortgages

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