But Hensarling, who’s promoting his mortgage reform bill known as the PATH Act, says government needs to get completely out of the home loan business.
“If, at the end of the day, taxpayers are still on the hook, then I fear all you’ve done is put Fannie and Freddie in the Federal Witness Protection Program, given them cosmetic surgery and a new identity, and released them on an unsuspecting public,” Hensarling said.
completely out means just that.