Richard Shelby actually said...

"If Congress enacts housing finance reform, which we desperately need, could such an action perhaps help the housing market recover?"

"But in multifamily housing, as a rule, people have to put more skin in the game."

"If the REO rental, Real Estate Owned, policies outlined in the white paper were to be adopted, how much faster will housing markets recover, in your judgment?"

"The sooner we do a comprehensive reform of Freddie and Fannie, the better off the taxpayer is going to be."