Mike Crapo actually said...

The issue of how we transition into a future system is one of the most important topics we will cover in this series of housing finance refo...

The status quo means Government control of nearly all of our Nation's mortgage-backed securities market, stifling financial innovation.

These realities prove that inaction carries its own dangers in our housing market, as does action that merely gives the appearance of change...

We cannot afford to return to the days of weak regulatory oversight of the secondary mortgage market.