Edward Royce actually said...

"Economically, there is a consequence. And increasing the already outsized or oversized role that the government has in this and in housing finance..."

"The Administration will continue to work with Congress to pass comprehensive reform centered on several core principles."

"But it just seems to me, at the end of the day, Mr. Secretary, that if--and I would just ask you this question."

"But to the extent that you have government-sponsored enterprises that can short-circuit the supply and demand on this and arbitrarily take risks..."