04/30/2014
https://www.congress.gov...
"It is a catastrophic risk."
"encouraging low down payment lending is a mistake. It just creates gambling."
"I just believe that if we come push to shove, that it is going to be very difficult for the Government not to step in and save the system."
"But Secretary Geithner basically says that any Federal guarantee should be priced according to the risk, without any political considerations."