THE AFFORDABLE-HOUSING CRISIS in the country is real. Ask those who jumped into the housing boom with risky loans and who are now looking at delinquencies or foreclosures.
The downturn is drawing attention from Capitol Hill. Rep. Barney Frank, D-Mass., chairman of the House Financial Services Committee, has introduced legislation aimed at reforming mortgage-lending companies such as Fannie Mae and Freddie Mac, a move he believes will help remedy the crisis.
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