On the recordMay 21, 2013
And that was exactly his advice and to be careful, frankly, about the transition from where we are today.
Source
congress.govEditor's note · Context
Carney emphasizes caution in transitioning from federal mortgage insurance.
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I think Mr. Duffy suggested he agrees with this in his questioning, as well--immediately, because you would be imposing that burden on borrowers who would have to absorb that higher rate.
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