Since there is a cost with everything--I mean, you cannot create a fixed-rate loan and there not be a cost associated with that.
But along with recourse, it does make some degree of difference when the borrower asks for the loan, does it not?
So hopefully as we do regulation we will make sure that this is something that we deal with, that this is not left to the side.
there is a cost associated with loaning money out to people.
The fact is he stated here that these GSEs should not exist, that the private sector can deal with this issue perfectly adequately.
I would like--our office would very much like to be involved in a step-by-step process with you as to how we unwind oldco and move this func...
There is time to do it right, but it is all very related to each other, isn't it?
there is a reason for us in this country to assume risk at the Government level as it relates to residential mortgages?
I think the things we have done artificially to stimulate the housing market have lowered household wealth in our country over the last year...
I know she's here with people that I greatly respect who are in support of her nomination.
I don't understand why that is not occurring and why somebody isn't willing just to put up some recourse liability to make that get done and...
So back to the securitization--is it OK if I continue?
I am very, very honored to be here and I thank her for her willingness to serve our country in this regard.
I knew Republicans were doing better, but I didn't know it had come this far.
I didn't ask them their politics, I didn't ask them how they felt about issues.
I think the one thing, Mr. Chairman, that has never occurred, and that is an understanding of what success actually means there.
Pediatricians tell me, I had a hearing at Maharry University last October and they talked about how many of these adult diseases, especially...
I am looking forward to serving with you on this Committee, and I like working with you on numbers of issues.
