Richard Shelby actually said...

"Homeowners in need will be better served if we actually identify the root causes of foreclosures and craft effective solutions rather than simply implementing policies to counteract what we think is t..."

"Today, the Committee will examine the state of our housing market and the Federal Government's efforts to prevent foreclosures in the midst of what is now the most severe recession in a generation."

"By litigation."

"I believe we need a system where we can accommodate both."