GARY G. MILLER: “Now, I wish I shared the ranking member's enthusiasm that this is only a matter of not whether we are going to ever use…”

NAFCU believes that any relief efforts should not bifurcate the industry by asset size and would not support such an approach.

For the past century, and through multiple financial crises, the State-based insurance regulatory system in the United States has been successful and has protected policyholders.

If we are concerned about empowering consumers, we really should be concerned about their safety.

While a hybrid public-private model for Freddie and Fannie was fundamentally flawed, our focus should be a viable secondary mortgage market with sound underwriting principles.