There are 10,900,000 American homeowners who are underwater right now today.

Let us get out in front of this crisis. We are, you know, a dime late and a dollar short.

the cost is far greater to the country for somebody to default on the loan and have it foreclosed on than it ever would be a loss to help them stay in the house.

This will save you money. You know, this will save Fannie and Freddie $100 million.

If QRM stays the way it is, and it only applies to loans with 20 percent down or more... it greatly eliminates the amount of 90 and 95 percent conventional financing.

The QRM rule is a well-intended rule that has devastating consequences.

I think it is the right minimum number. I don't think any lower downpayment would be--I wouldn't--given the experiences we have seen and the history I had in the industry.

We will never get our job market back until construction comes back.

It will put pressure on FHA, Freddie Mac, and Fannie Mae to the extent they can't stand it.

I commend the Senator from Connecticut on his remarks and, particularly, his closing. I associate myself with what he said. I will support this bill when it comes to the floor at 12 o'clock today. On Saturday, I came to the floor at 2…

the Kenyan Government and the Kenyan people have been supportive, as you said, for two decades and are bearing a tremendous amount of the burden now.

We must also consider global issues of greater humanitarian concern, especially when millions of lives are at risk and tens of thousands have already died.