One of the things that I have noted about this panel and this issues is that we have advocates, we have the business community all coming together to talk about the need for rental housing.

The major mortgage servicers at that time--at that same hearing--downplayed all of the allegations being made.

I have been very concerned with the parallel effort going on at the OCC and the Federal Reserve under their mortgage servicing consent order process.

I believe that it is important for the SEC to litigate some of these cases under the umbrella of this task force, given the commitment to justice and the promises that were made about this task force when the President made his State of…

What is happening with the executive director? Do we have one coming soon?

Thank you very much, Mr. Chairman, for holding this important hearing today.

Last November, when Judge Rakoff rejected a negotiated settlement between the Securities and Exchange Commission and Citigroup, it captured the attention of the public and really focused us, in Congress, on just how frequently our…

a lot of people are watching to see what is happening with this widely announced task force that is supposed to do all of these investigations and bring about some justice for many of these homeowners

So, are you going to proceed with some investigating that is going to lead to some litigation, or are you going to continue to work in ways that will allow those who are being accused to 'neither admit nor deny' and just keep settling and…

I led about 40 Members of Congress in writing to you and the other co-chairs of the Residential Mortgage-Backed Securities Working Group about my concerns that this important task force was stalled.

I almost don't need to give this opening statement. Mr. Westmoreland just spoke for me. Those are absolutely my concerns.