Millions of mortgages are underwater, and Fannie and Freddie continue to lose money at the expense of the American taxpayer.
Do you share my overall concern about the solvency of FHA, which is under your jurisdiction?
A lot of our concern--and I think Senator Corker has enunciated this, too, up here--is we do not want the taxpayer to take the hit.
I think it is disappointing that 4 years after the bursting of the housing bubble, the Committee has still not produced comprehensive housin...
Do you think that a 2-percent capital requirement is adequate--because we are a long way from 2 percent--to protect the taxpayers from baili...
Since the Administration admittedly did not have the key data, it seems to me, for evaluating the proposal, what is the basis for your suppo...
Foreclosures remain, as the Chairman mentioned, at record levels.
The American people, however, are tired of bailouts. It is time to take a more serious approach to fixing the housing market.
The latest actuarial report states that FHA's capital ratio is only 0.24 percent. Mighty low.
At least not three times, right?
Do you believe that this year and maybe next year we will have at least a million foreclosures, as some people predict?