And the finance Agency Director mel watt. On the status of the Housing Finance system, fannie mae and freddie mac have been in conservatorship for close to 9 years. In september of 2008, hank paulson famously described the conservatorships as a timeout. Fannie and freddie along with fha continue to dominate the Mortgage Market. 70 of the mortgages are backed by the federal government. Fannie and freddie currently earning profits at the Housing Market experiences a downturn, taxpayers could be on the hook for billions of dollars. The status quo is not a viable option. The Housing Finance system dependent on two governmentsponsored enterprises and perpetual conservatorship is not a sustainable solution. Taxpayers today bear too much risk and the government plays too bigger role in the Mortgage Market. A number of groups release proposals for reform in recent months including the mba, i cba, milliken institute, several coauthors writing jointly for the urban institute and many others. The
The victims came forward. He is also facing charges in Fairfax County including possession and distribution of child pornography. He is locked up and being held on no bond. There could be more victims. Talk to your child. If you believe they may have had inappropriate contact with him, give them a call. We reached out to both Dance Studios today. Both appear to be closed. Our calls never returned. Live in tysons, ryan hughes, abc7 news. Alison also breaking late this afternoon a falls Church Middle School Teacher accused of aggravated sexual battery. Jose estrada facing two felony counts tonight. Two girls from Mary Ellen Henderson middle school are coming forward here. Estrada is currently in jail in arlington. Abc7 is asking police and School Officials for more information on what happened here. We will bring you an update to thist michelle a Prince Georges officer will not face jail time for taking pictures up womens skirts but he will face pro base. James sims took pictures of a wo
Part of the bid for on intelligence issues including Mitch Mcconnell minority leader schubert and senators warner and berger the Senate Intelligence community is leading an investigation into russias interference. Keyes spoke yesterday at a Cybersecurity Conference he says he plans to serve the remaining six 1 2 years of his decade term as fbi director. [applause] thanks for the introduction to share some thoughts with you. This is the Perfect Place to have this conference and i am thrilled to be part i think there will be more it is of plenty places because the challenges of opportunities in this great city and region but because boston colleges a leader of thinking and educating these issues so this is a great place to have it you are sticking with me another six and half years of above to be invited back again any place called irish call is a neat place to have this given my background. And what the fbi thinks of the threat that we face and how the fbi is trying to redress that thre
The train station when this unfolded. He took out his phone and started recording the scene. At the point he started recording, a lot of the people had been taken out. There were others in there that they are desperate to get to and rescuers have brought in other equipment, mainly shearing equipment, the jaws of life. That is how they will cut open the train and get to the people still trapped inside. We are getting reports of upwards of 100 people injured with the severity ranging from bumps and bruises all the way to spinal injuries and possibly head injuries as well. Well cycle through some of the photographs on the left too that people have posted to social media showing you the terminal. You can see the ceiling has collapsed. There is steel, concrete, electrical wiring. There is water pipes that have ruptured. It is a mess this there. The fbi is on scene. They say it is too early to rule anything out in terms of a cause t could have been an accident, human error. They are just now
Reporter mead streets ownerbelieves that the attack was not premeditated. There were kids in the restaurant. It was just a very terribact of violence from what we could tell. Reporter while police examine the Surveillance Video and examine the suspect, Business Owners on this popular stretch are concerned about safety. You can see all the families walking by, kids on bikes, theyre getting ice cream. People are walking their dogs. Its a very quiet neighborhood. To kind of have that going on, you kn day is a little shocking. Reporter now police have released a description of the man. Thhyre looking for a 6foot 3 inches tall black man about 250 to 300 pounds. He was last seen wearing a green shirt with khaki shorts. So here is what we know right now from the owner. He says for the man who was stabbed, no arteries were hit. He said that he is in stable condition. Theyre working on a benefit in the next couple of days to try reporting live jaclyn allen denver7. You might remember these bike