GARY G. MILLER: “There is no doubt that we would not have much of a mortgage market now without Fannie and Freddie.”

I don't think anybody is going to defend the concept of the structure of the GSEs to believe that the taxpayer should be put at risk, yet the private sector should make the profits.

It is essential that Congress fully understand the impact international regulatory standards will have on the competitiveness of U.S. insurers.

Yet, by requiring this Davis-Bacon mandate, we are beating up the price of apartments and condos and townhomes by 20 to 25 percent.

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.