WASHINGTON - MAY 23, 2006: (FILE PHOTO) An exterior view of mortgage finance giant Fannie Mae is seen May 23, 2006 in Washington, DC. On May 6, 2008 secondary mortgage agency the Federal National Mortgage Association (FNMA) also known as Fannie Mae reported a $2.2 billion dollar loss in their first quarter profits citing the national slump in housing. Getty Images logo Getty Images 18 months ago

WASHINGTON - MAY 23, 2006: (FILE PHOTO) An exterior view of mortgage finance giant Fannie Mae is seen May 23, 2006 in Washington, DC. On May 6, 2008 secondary mortgage agency the Federal National Mortgage Association (FNMA) also known as Fannie Mae reported a $2.2 billion dollar loss in their first quarter profits citing the national slump in housing.

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  1. U.S. Federal Reserve Chairman Ben Bernanke (R) and former Treasury Secretary Henry Paulson testify at the House Financial Services Committee hearing on "Oversight of Implementation of the Emergency Economic Stabilization Act of 2008 and of Government Lending and Insurance Facilities; Impact on Economy and Credit Availability" on Capitol Hill in Washington in this November 18, 2008 file photo. In September 2008, a turbulent month that saw the fall or near-death experience of industry giants like Fannie Mae, Freddie Mac, AIG, Merrill Lynch and Lehman Brothers, Paulson met with Bernanke numerous times. At the time, Bernanke eagerly backed a proposal by Paulson that was widely criticized for being way too thin on details, weighing in at a mere three pages -- and with nary a mention of Wall Street pay.
  2. FILE - This Sept. 8, 2008 file photo shows Anthony Campagna, left, Donald Himpele Jr., and Chris Enright, right, all of Spear, Leeds, & Kellogg Specialists, gathering around the post where their firm trades Fannie Mae prior to the opening bell at the New York Stock Exchange in New York. A year after edging dangerously close to free fall, there are signs the economy is regaining a foothold. But Americans' sense of financial security is badly shaken and the nation confronts questions that defy quick or comfortable answers.
  3. FILE - In this Sept. 7, 2008 file photo, Federal Housing Finance Agency Director James Lockhart, left, concludes his remarks as Treasury Secretary Henry Paulson, Jr., right, takes his turn at the microphone during a news conference in Washington on the bailout of mortgage giants Fannie Mae and Freddie Mac. A year after the collapse of the mortgage companies Fannie Mae and Freddie Mac, Americans remain almost entirely dependent on the government to keep them and the housing market alive.
  4. FILE - This Sept. 8, 2008 file photo shows Anthony Campagna, left, Donald Himpele Jr., and Chris Enright, right, all of Spear, Leeds, & Kellogg Specialists, gathering around the post where their firm trades Fannie Mae prior to the opening bell at the New York Stock Exchange in New York. A year after edging dangerously close to free fall, there are signs the economy is regaining a foothold. But Americans' sense of financial security is badly shaken and the nation confronts questions that defy quick or comfortable answers.

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