03/14/2011
https://www.congress.gov...
"Foreclosures remain, as the Chairman mentioned, at record levels."
"Do you know of any requirement that----"
"Do you share my overall concern about the solvency of FHA, which is under your jurisdiction?"
"What would concern some of us up here on the GSE writedowns is that the GSEs would take the hit, ultimately the taxpayer now, since the taxpayer is holding the GSEs."