No plan to inject cash: Paulson

US Treasury Secretary Henry Paulson said there are no plans to inject capital into Fannie Mae and Freddie Mac after the two mortgage companies posted combined losses of $3.12 billion last week.

"We have no plans to insert money into either of those two institutions," Paulson said in an interview with NBC's "Meet the Press" broadcast on Sunday in Beijing. He added that their results were "not a surprise" and that the housing slump will last beyond this year.

Paulson last month brokered a plan to bolster the two government-sponsored enterprises that includes giving Treasury the right to buy their shares. Fannie and Freddie, which account for almost half of the $12 trillion mortgage market, reported losses three times wider than estimated, prompting some investors to predict that Paulson will be forced to act.