Pinto Says Fannie Mae Politicized Mortgage Lending

Pinto Says Fannie Mae Politicized Mortgage Lending Play

July 5 (Bloomberg) -- Edward Pinto, a resident fellow at the American Enterprise Institute, talks about a U.S. report saying that Countrywide Financial Corp. gave discount loans to former and current members of Congress and executives at Fannie Mae. Pinto and Brant Imperatore, a partner at Cypress Group, also discuss the relationship between the housing and labor markets. They speak with Matt Miller and Trish Regan on Bloomberg Television's "Street Smart." (Source: Bloomberg)

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