02/23/2009
https://www.congress.gov...
"I think it is disappointing that 4 years after the bursting of the housing bubble, the Committee has still not produced comprehensive housing legislation."
"Foreclosures remain, as the Chairman mentioned, at record levels."
"The latest actuarial report states that FHA's capital ratio is only 0.24 percent. Mighty low."
"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?"