Evan Bayh: “I would like to call the Subcommittee to order and thank our witnesses for being with us today.”

And the more protracted this foreclosure problem, the more that delays recovery.

The reason for the study, as I recall, was that many of us understood that there was a potential risk here that probably had to be dealt with.

The sooner we clear, the better?

I will make one comment I do not expect you to respond to, but a skeptic might look at all this and say what was really at work here was a choice between an eventual orderly restructuring or a disorderly restructuring that could have been…