GARY G. MILLER: “The wrong lesson to draw from the financial crisis is that homeownership should not be a goal, a public policy goal.”

That is a tremendous concern from the insurance industry today, that they are getting into an area the Feds were never authorized to get into.

To preserve the countercyclical role, FHA must lessen taxpayer exposure.

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

Capital standards need to be set appropriately so they can ensure the safety and soundness of financial institutions without harming the availability of credit to fuel economic growth.