So you are not advocating here that you want a Government guarantee for everything in the real estate industry bills, ar...
I think we are interested in providing opportunities for home ownership. It will not be for everybody.
I thought for a long time, before it was all abuse and misused, that securitization was good for America.
Because we are thinking about the taxpayers right now.
I think that market should be supported by the private sector. It is $720,000--you are talking about a $900,000 house. I...
I mean, you know, if you are getting a big loan, say $700,000 or $650,000, that is a pretty good size loan for the avera...
Federal housing policies must be adequately assessed, and proper homework must be done before action is taken.
I do not believe there is any dispute that our housing finance system is broken.
Opening statements, comments, or prepared statements of: Senator Shelby.
It would be a lot less risk to the taxpayer, too, wouldn't it?
I think it would be very difficult to price risk.
I will say it again. In order for this Committee to reform Fannie and Freddie, I believe that we must understand here wh...
I just believe that if we come push to shove, that it is going to be very difficult for the Government not to step in an...
encouraging low down payment lending is a mistake. It just creates gambling.
Guarantees are perilous. Governments are not very good at doing them, not very good at designing them, not very good at ...
I agree with Secretary Geithner that housing finance reform is overdue and should be promptly addressed.
We think we could do a lot better this time around.
Our deficit this year is projected to be $1.65 trillion, the largest ever by any Nation in the world.
