In December, Freddie Mac CEO Charles Haldeman (from left), FHFA acting Director Edward DeMarco and Fannie Mae CEO Michael Williams testified on Capitol Hill about the Federal Housing Finance Agency's performance. Chip Somodevilla/Getty Images hide caption

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A sign for Freddie Mac in front of its headquarters in McLean, Va. Alex Wong/Getty Images hide caption

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One of Freddie Mac's restrictions blocks people who have a short sale in their past from refinancing for two to four years following the short sale. Rich Pedroncelli/AP hide caption

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A newly constructed home in Westport, Conn., in December. The past three years have been the worst for new housing starts since before record-keeping began, according to economists at IHS Global. Spencer Platt/Getty Images hide caption

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According to the Standard & Poor's Case-Shiller Home Price Index released Tuesday, home prices were down 3.4 percent this year as of October — around a 35 percent drop from their peak. Scott Olson/Getty Images hide caption

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A counselor (right) talks with a man about training programs at a nonprofit training and job placement center in Menlo Park, Calif. Seventy percent of the long-term unemployed and underemployed would like the government to offer more job training services, an NPR/Kaiser Family Foundation poll found. Paul Sakuma/AP hide caption

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