04/13/2016
https://congress.gov...
"Let me assure you, Mr. Calhoun, we desperately need H.R. 1077."
"Yes, we have to make some moves. It is not as healthy as it should be to have 90 percent of the market with government-backed agencies."
"There is a reason why we have the GSEs. We have to make sure that the private market is capable and willing to fill the void."
"We must also recognize the possibility of, indeed, conflicts of interest."