. >> they are a necessary evil, they are too big to fail, nation's housing market has become reline on them -- rely ant on them, you see that with mortgage rates. i think. charles: you talk mors motor mo. >> 632,000. point is that much easier to get a conforming mortgage, that bank can sell back to fannie or freddie. so that is important, we look at how big of an impact housing has on our economy, is a necessary evil. charles: maybe they are too big to fail, but they should not be too big to unwind, let stand on their own. they should not be puppets for the government. >> they are most politically powerful instution in united states they are huge monster. it is not going to happen overnight, but privatize is only viable option, that will increase competition, then we will have a situation where we don't have a company too big to fail. >> it could take up to 10 years. >> some are willing to take piecing much it. >> the havoc is would reek to get it to that point would be a disaster. >> you talk about bigger loans -- they are not selling those back, it is tougher to get the loans. charle