We are looking for a system that works here, making some decisions.
They were asking Congress for a blank check, with no protections for the taxpayers.
This cannot be seen as somehow a permanent program we have in place.
I have heard that Freddie Mac does a pretty good job of getting the personal contact with people who could be falling into a foreclosure sit...
When I took over the gavel of this Committee in January of 2007, we held an extended set of hearings...
I would like to get a far more frequent analysis of how that is working.
I get uneasy about moratoriums because they could just forestall the inevitable.
There is a wave coming in commercial real estate that poses some real additional threats to our economic recovery.
Had they acted in 2007 on this issue more aggressively... I think we would have mitigated it substantially.
A lot of this may be anecdotal, so I want to be careful.
the TARP should not be extended.