"The President said, if you like your plan, you can keep it."
"the Government's model, make sure that all voices are heard and everybody has a voice."
"This issue is important since small lenders represent the lifeblood of many communities across America, and especially rural communities in Idaho and elsewhere."
"If Congress passes housing finance reform without getting small lender access right, it will be the homebuyers in rural and underserved areas who pay the price for that mistake."
"The explicit guarantee will provide certainty to the market, especially for investors who will need to be enticed to invest in the MBS."
"we must ensure that there is adequate private capital taking the first loss at the security level if we are to avoid the future taxpayer losses."
"we must ensure that the taxpayer is standing only behind mortgages that meet strong underwriting standards."
"we cannot afford to get the details wrong."
"we need to move toward a more limited role for the Federal Government and bring private capital back into the housing market."
"Home ownership is central to our Nation's economy, offering financial and social benefits for families, communities, and the country as a whole."
"Failing to meet these two critical objectives will increase the risks and costs to both taxpayers and consumers."