You have got to have data on the percentage of loans, say, in 2000, 2005 out there, how many foreclosures, how many underwater, and all this.
I have got to ask, Mr. Scire, are you skeptical, real skeptical, doubtful that FHA is going to get toward that 2 percent, just 2 percent, go...
I think we all should have a concern about FHA.
I certainly want a good housing program, but I don't want a welfare program.
Isn't that a dangerous level?
In other words, if somebody was going to buy your portfolio, they would be looking at what was really in that portfolio----
The Stanford case... represents a major failure by the Securities and Exchange Commission in carrying out its investor protection mandate.
Mapping is the key to an overall sound actuarial program.
Without the mapping data, the program will always be suspect, to say the least.
The bill immediately eliminated subsidies on vacation homes, businesses, and severe repetitive loss properties.
Every aspect of the program must undergo significant revisions.