GARY G. MILLER: “But you have lenders right now who are really keeping capital out of the marketplace because they don't know what is…”

I have some real concerns with that. I have had a concern with the definition between subprime and predatory for years, and I am glad to see we are going to finally deal with it.

I enjoyed your opening statement. You talked about empowering consumers, fair, transparent, and competitive marketplaces, and dealing with bad actors.

We are starting to see a rebound in the housing market, and that is really important to the economic recovery of this country and for job creation.

While I strongly believe in coordination among international regulators, we must resist the tendency of pursuing a one-size-fits-all approach.