Jim Bunning: “It has been a difficult lesson.”

In 2006, we had a huge housing crisis in this country. And even before that, the mortgage crisis showed its face in 2001 and 2002.

No, no, no. Why is it your decision to report to the SEC and not to the public which you have an obligation to do?

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

You have the authority to issue your reports as you see fit.