I personally believe that had you been able to get a vote on the Senate floor that you would have won overwhelmingly.
I would encourage you to go back and take another really close look at your budget.
These are difficult choices, and we're forced to choose between very unattractive options.
Thank you very much, Madam Chairman. Thank you for holding this important hearing on the Federal Housing Administration ...
It is troubling that year after year, the FHA is unable to meet its statutory requirement of maintaining a 2 percent cap...
A financially sound FHA is an essential component in the recovery of the housing market.
We would have liked to have gotten it in along with our bill, into the continuing resolution that was passed.
Why is your rulemaking so slow? I assume you follow the APA the way any other agency would.
I just think, even though it's faster if you get the mortgagee letter approach approved by us, you know what the legisla...
We'd lose those jobs. We'd lose that economic activity.
It's too soon to tell.
In order to avoid this problem, could HUD require lenders to set up an escrow account...
Excuse me for interrupting. But if in January of last year you had started the rulemaking on this, you would be probably...
Obviously, $943 million is a lot of money and is of great concern to us, or to me.
Thank you, Mr. Chairman, for holding this hearing as it is absolutely outrageous.
Well, I hope that you really make this a priority.
I just think there is so much that can be done and I really applaud you for your leadership on this...
You have been the member of Congress who has done more to shine a spotlight on this problem than anyone else.