Mike Crapo actually said...

The implications of how we resolve this issue are going to have huge consequences for our economy, and we have got to get it right.

Thank you very much, Senator Reed, and I appreciate you holding this hearing.

we are thankful to both Senator Crapo for his amendment to Dodd-Frank that created specific a CMBS retention framework

It is important to note that the Federal Reserve's October 2010 study cautioned that risk retention is not a panacea and that if rules are n...