Rob Menendez actually said...

"It seems to me a little bizarre for the FHFA to be making such a unilateral change while Congress is working on housing reform legislation."

"I am not talking about households with bad credit who cannot afford a loan in the conforming market."

"Couldn't a reduction in these conforming loan limits disproportionately harm homeowners and homebuyers in high-cost areas?"

"I believe that your organization has sent him a similar letter, as well as others."