dwight fettig was a former staff director of the u.s.e committee on banking, housing and urban affairs 2010-to-2013. taylor for your time this morning. host: -- guest: my pleasure. guest: thank you. host: coming up, we we'll talk about the future of the highway transportation fund. -- adamnyder from snider from "politico" will give us details. first, an update from c-span radio. playbook reports hillary clinton will appear at her first political event raising money for a candidate with close ties to the clinton family. the potential 2016 residential candidate will headline a may 15 fundraiser for marjorie margolis in new york, and she is the mother-in-law of chelsea clinton. it will be at a midtown manhattan home of lyn foster the rothschild. 1000-to-$5,000 per person. elizabeth warren plans to offer allowsthat open that borrowers to refinance debt at the same rate that current prison paint can get. loansraduates qualify for at a 3.86 percentage rate. byis part of a larger effort democrats to focus on college costs. the bill would be pai

. >> joining us now at our table, dwight fettigment the former staff director for the u.s. senate committee on banking, housing and urban affairs, from 20 to 2013. also joining us, andrew olmem, the topic is, probably known to viewers fannie mae and freddie mac, first of all, to both of you gentlemen, welcome. >> thank you,. >> thank you. >> so a at some bill looking at the future of these two entities. mr. felt fettig, what is being considered and why and. >> great question. so, freddie mac and fannie mae, created by congress, to help with housing finance, and during the crisis it became clear they needed taxpayer help, as did a lot of large financial institutions. the question now becomes does the current structure still work or do need to alter the structure and how does the federal government stay involved in what is known largely as our secondary mortgage market? what happens to those mortgages after somebody takes out that loan ask after the bank only natesed. >> mr. olmem, part of this deals witch taking mortgagages and packaging them in a way to sell to wall street.