GARY G. MILLER: “I would like is for consumers to have the benefit of normal, healthy competition.”

I have always had a problem with the way they were fundamentally flawed. You had a hybrid situation where the private sector made all the profits, and the taxpayers took all the risk, which was problematic from the beginning.

Whether you support GSEs or not, if they are out of the marketplace in this market, it could be devastating.

The environment within which the regulators work today should basically encourage innovation and growth rather than to stifle it.

Sequestration is the big elephant in the room that seriously threatens the stability that we thought we had achieved.