host: at the table, tripp baird.s the house and senate conferees continue their work, what kind of bill do you see taking shape? what concerns you? guest: the whole bill. where to start? we can get to what is in it, but what is not in it is most concerning. nothing deals with the government sponsored enterprises, fannie and freddie, making up half of the primary mortgage market and a good chunk of the secondary market. these two enterprises that taxpayers have dumped money that dwarfs all other bailouts. that is troubling, them not dealing with that issue. you see expansion every day of lending products from freddie -- one where 105% of your home you get credit for. they are not retrenching. they are growing. host: why is that not in the bill? guest: it is a good question. you have to ask barney frank of the democrats. we can blame a lot of things on bush, but this with gse's is not one of them. he was calling for that a number of yeers ago. it is not like members of congress did not see this coming. fannie and fredd