I strongly believe in the value of a vigorous small business contracting community and advocate increases in the small business goal from 23...
Is the idea of a guarantee, which ultimately lays the groundwork for a bailout, ... smart in our economy today?
If the Committee decides that the housing market needs a Government guarantee, then it is likely that housing finance reform will be largely...
We cannot get rid of an implicit guarantee. There is no way to do that.
We would have to have, one, the political will here to get rid of it.
We knew better than that. We knew better.
Thirteen trillion dollars that is invested in bonds, including junk bonds--which is what they are buying now because they do not have other ...
we are contemplating Government guarantee programs which, in my opinion, will inevitably have the Government providing insurance with low do...
Explain what you mean by G-series. That is Government----
The implicit, so-called cost-free guarantee of Fannie Mae and Freddie Mac has already soaked the American taxpayer for over $170 billion.
Can our mortgage market operate efficiently without a Government guarantee?
Are we going to repeat this again? Are we going down that same road? Have we learned anything?
I tried to repeal the CRA right here in this Committee, because what we are doing, we are telling the market to make these loans for politic...
That is not chump change, is it?
Sure.
A private market, in my opinion, will do just the opposite
Misguided housing policies pursued by the Federal Government and implemented by the GSEs played a significant role in causing the financial ...
However, if the Committee decides that the housing market can and should function without a Government guarantee, reform will then focus on ...
