Mike Johanns: “I think they should be regulated to the point, including what we are talking about in derivatives and proprietary…”

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.

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.

Thank you, Mr. Chairman.

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.