"I am encouraged by the recent progress that has been made."
"We are grateful, Vice Chairman Schweikert, to you and to Representatives Himes and Womack for introducing legislative solutions."
"sunlight, information is in many ways one of the greatest regulators because of the speed and flow of information."
"I hope those aren't a message from above."
"Are we heading towards that unintended consequence of making it harder, making it more difficult, taking away choices..."
"I again would challenge you to work together to come to some kind of consensus that we can all work with you on."
"Isn't the ultimate failure we have seen up and down the system that, whether it be through regulations, whether it be through incentives, whether the way it has been done, we are failing to price risk..."
"I hope I didn't cause a little bit of fussing when I complained that the Administration hadn't met its obligation."
"I know there is a certain frustration here because the Administration had an obligation to provide us their proposal, what was it, last week, and something for to us discuss and build around, and here..."
"Does anyone have a brilliant suggestion on how we push this nonperforming overhang through the system; how we incentivize both lenders, secondary holders, whoever it may be, to help us chew this up?"
"Many of us believe, unless we can push through much of this nonperforming inventory, we are never going to hit our true bottom and never going to start to work our way back up."