07/18/2011
https://www.congress.gov...
"Since the Administration admittedly did not have the key data, it seems to me, for evaluating the proposal, what is the basis for your support of this proposal?"
"Millions of mortgages are underwater, and Fannie and Freddie continue to lose money at the expense of the American taxpayer."
"The latest actuarial report states that FHA's capital ratio is only 0.24 percent. Mighty low."
"The American people, however, are tired of bailouts. It is time to take a more serious approach to fixing the housing market."