Congress can help by repairing mortgage market:
Congress could help rescue the housing sector by repairing the mortgage market and not just focusing on keeping existing home loans from going bad, Federal Reserve chairman Ben Bernanke said Wednesday.
The US Congress approved a massive housing market rescue bill on Saturday, offering emergency financing to Fannie Mae and Freddie Mac , creating a new regulator for the mortgage titans and setting up a $300-billion fund to help troubled homeowners.