In this morning’s Wall Street Journal:

After two years of telling us how lax lending standards drove up the market and led to loans that should never have been made, Mr. Frank wants Fannie and Freddie to take more risk in condo developments with high percentages of unsold units, high delinquency rates or high concentrations of ownership within the development.

The whole thing here.

For some more info on the issue, check out this CNBC piece here.