Lynn A. Westmoreland: “The FHA is insolvent. If FHA were a private mortgage insurance company or one of my community banks, it would have…”

Instead of focusing on fundamentals like shrinking their portfolio, reducing risk, and charging a premium that is in line with risk, FHA has advanced a policy that can only be described as out of bounds from its original intent.

I suggest that you get out of Washington and that you go into some of these States and that you talk to some of these people.

Is it fair for everyone to subsidize the insurance of a few? This is the question asked about the Obamacare subsidies, and today it is the same question posed by the flood insurance.

When Congress asks an agency to testify, I think they should come, period.