06/08/2011
https://www.congress.gov...
"I think it is time for FHA to face facts. We have to."
"The Actuarial Report is not good."
"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."