In short, it needs the mortgage buyers to be healthy for the housing legislation to work properly.

FORBES: Rescuing Fannie And Freddie

Even if the Senate passes its bill as expected, it could be a week or more before housing legislation makes it to President Bush's desk.

FORBES: Magazine Article

U.S. Treasury Secretary Henry Paulson has indicated his support for passing housing legislation currently being negotiated in the Senate, after the House of Representatives passed its version last week.

FORBES: Paulson Boosts Housing Bill