Richard Shelby actually said...

Clearly, this is a regrettable policy failure.

But whatever we say or do policywise, or you implement the policy, if the market doesn't respond to it favorably, it is not going to work, i...

We share your frustration with the slow pace of efforts to help homeowners get out of bad mortgages and into mortgages that will allow them ...

Unfortunately, this program has only modified a handful of mortgages.