In this segment of The Motley Fool's everything-financials show, Where The Money Is, banking analysts Matt Koppenheffer and David Hanson address the recent discussion in Washington to get rid of Fannie Mae and Freddie Mac and remind investors of the real purpose of these institutions.

The best investing approach is to choose great companies and stick with them for the long term. The Motley Fool's free report "3 Stocks That Will Help You Retire Rich" names stocks that could help you build long-term wealth and retire well, along with some winning wealth-building strategies that every investor should be aware of. Click here now to keep reading.

Editor's note: In the above video, Matt refers to AGNC's CIO as Doug Kain. Mr. Kain's first name is Gary. The Fool regrets the error.

You can follow David and Matt on Twitter.