Richard Shelby actually said...

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.

Do you think that a 2-percent capital requirement is adequate--because we are a long way from 2 percent--to protect the taxpayers from baili...

The American people, however, are tired of bailouts. It is time to take a more serious approach to fixing the housing market.