WASHINGTON, DC - MARCH 29: Rep. Ed Royce (R-CA (C) speaks during a news conference to introduce a GOP-sponsored Fannie Mae and Freddie Mac reform plan with House Republican Conference Chairman Jeb ... more 
WASHINGTON, DC - MARCH 29: Rep. Ed Royce (R-CA (C) speaks during a news conference to introduce a GOP-sponsored Fannie Mae and Freddie Mac reform plan with House Republican Conference Chairman Jeb Hensarling (R-TX) (L) and Rep. Scott Garrett (R-NJ) at the U.S. Capitol March 29, 2011 in Washington, DC. In the form of eight bills, the House Republican legislation would work toward shrinking the taxpayer-backed mortgage giants' role in the housing market by reducing their mortgage investments and end requirements that direct a portion of their business to low- and moderate-income housing, among other reforms. (Photo by Chip Somodevilla/Getty Images) less 
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Getty Images | Photo By Chip Somodevilla / Getty Images
Tue, Mar 29, 2011 10:00 PM EDT