Mike Johanns: “Do we have in our system the cord we can pull that is the safety valve that says, again, in effect, time out.”

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

Somehow we have got to figure out a better way, because at the most important time in this person's life, when they are crying out for help, it should be a simple, straight-forward pathway to access that help.

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.

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