Mike Johanns: “To me, that is not a confidence builder. The average taxpayer is out there saying, are you kidding me?”

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

Thank you, Mr. Chairman.

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.