Jim Bunning: “Right now there is no basic private securitization market, especially for mortgages.”

I think the SEC better be capable of better things.

Are the Fed and the GSEs going to aggressively pursue pull-back of mortgages to the originators and investment banks to reduce taxpayer losses?

I have had the great fortune of having three wonderful careers during my life: one as a husband and father of 9 children and a grandfather of 40, one as a Major League baseball player for 27 years, and one in public service for 30 years…

You all have not come up with a solution to solve it.