07/29/2009
https://www.congress.gov...
"We certainly believe that we need to keep FHA in a position where our new books of business are producing substantial revenue for the taxpayer."
"I appreciate your remarks. I have been on this Committee 26 years, ending it, but I am not ending being on."
"Do you anticipate that? Can you assure us and the American people today, as the Secretary of HUD, that FHA will not do that?"
"I think it is time for FHA to face facts. We have to."