The U.S. will move gradually to reform the mortgage finance system "so we don't impede the...

|By:, SA News Editor

The U.S. will move gradually to reform the mortgage finance system "so we don't impede the process of repair in the housing market," Geithner tells CNBC. "We can't wait too long. It's important Congress legislates some time over the next two years." The Treasury Department releases a report laying out possible solutions for winding down Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB).