Richard Shelby actually said...

"We have had testimony here before this Committee that it was less than one-half of 1 percent."

"So just to put foreclosed properties or inventoried properties out there, single houses, is a lot more difficult than it would be with somebody experienced in multifamily housing."

"I believe that this Committee should come together and craft common sense legislation to address the serious problems weighing on the housing market today."

"Mr. Secretary, shifting around a little bit, about a month ago, President Obama told the American people that he was sending this Congress a plan to address the troubled housing market."