Barbara Boxer actually said...

"If you have a loan that is backed by Fannie and Freddie, and if you have a high interest rate and you would like to take advantage of these lower rates, then you should have a chance to do that."

"I applaud that effort and I fully recognize there are a lot of details that are going to have to be worked out."

"We want you to know that homeowners do want to be responsible. These borrowers need an opportunity."

"Thank you, Chairman Menendez and Ranking Member DeMint, for scheduling this important hearing and for the opportunity to address the Committee."