Mike Johanns: “OK. Once that is done, kind of walk me through the process of what happens next...”

I just hope we are not over-engineering something here.

Our job is to try to figure out how we deal with that puzzle, that very difficult issue of how to provide services to people who need it.

I will continue to push this legislation, but many of its provisions are things that HUD has the flexibility to implement on its own.

It is Congress who will create the next housing finance system and that the next housing finance system is not the conservatorship of the FHFA.