Part One: Local Housing Market. U.S. housing markets have seemingly stabilized following a dramatic boom and bust cycle during the last decade. Much of this stabilization can be attributed to the government takeover of Fannie Mae and Freddie Mac, as well as the Federal Reserve's massive investment in mortgage-backed securities. What are the current U.S. housing market conditions? What are some of the potential changes to government involvement in the housing finance system? We talk about that and more.
W. Scott Frame - Belk Distinguished Professor of Business and Professor of Finance at UNC Charlotte
Eric Locher - President, Charlotte Region Realtor Association
Frank Nothaft - Vice President & Chief Economist, Freddie Mac