Mike Johanns: “We have got to get that right, or this thing just does not work.”

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.

Could you do that and make it crystal clear to the public that you confirm that the role of conservator... is to be the bridge builder?

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.