chances for a second term, spokesman jay carney said no. >> the action that he and other leaders in washington took did reverse the free fall. >> key part is fixing the housing crisis, while an independent auditor warned the federal housing administration may need $50 million bail-out. the housing chief downplayed it. >> the new loans we are making even under the most severe economic scenarios that the actuary looked at would remain profitable. >> democratic lawmaker suggested the administration is in denial. >> you have dug yourself in such a deep hole you are going to need some funding. you are going to need a bail february 2009, mr. obama promised to help $ 7 to 9 million people refinance to prevent foreclosure. fox news checked today with federal housing officials. only 894,000 have been helped. >> if you are asking me is the