On the recordMarch 10, 2011
This amendment that I've worked on with my colleagues on the opposite side of the aisle is simply about transparency. It is simply about making ourselves available to the homeowners who are trying to get some help because they are under water. This amendment would simply say that the program is no longer in existence and that you may call us to help you to get to your lender or to get to your servicer in some way. It is certainly not what I would prefer to have to do, but I understand we're going to lose. The Members on the opposite side of the aisle have made up their minds, and they have decided that this is important and that this is what they're going to do. So I would simply like our citizens to know that this program that they may have started to hear about is no longer in existence and that, if they call us, we will agree that we will try and help them, in some modest way, to get to their servicers or to their lenders. I yield back the balance of my time.
