Richard Shelby actually said...

"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."

"In many ways, I believe that this hearing could begin to put the horse back in front of the cart by undertaking some of the investigative work necessary to properly address the issues surrounding the ..."

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

"Financial institutions, as I understand the proposal, will no longer be primarily concerned with discerning and meeting the needs of their customers."