I believe that kind of settlement is important because it sends a message that just because you have an FHA-insured loan, it doesn't mean you are going to get the money.

I share the concerns expressed in a November 7th GAO report that FHA has yet to implement a comprehensive risk assessment strategy.

Are you still committed to carrying that and having that as a powerful tool when we deal with the mortgage servicers?

Most of the loans that are hurting the FHA were made during the Bush Administration.

The fundamental problem is that we are still in the grips of a foreclosure crisis that is hurting American homeowners.

I support you. I think you are at the helm and are doing a good job.

I share your and the Administration's opposition to any increase in FHA loan limits.

I understand how hard it can be for our Nation's public housing agencies to meet the demand for safe, affordable housing.

I would like to applaud Secretary Donovan, Assistant Secretary Henriquez, and the Administration on their commitment to this issue.

I just want to quickly say that a few years ago, I was lucky to have then-Chairman Barney Frank come to Minneapolis.

I believe you, and I don't question your authenticity and that you are coming to tell us exactly that those are your goals.

This is exactly the wrong time to turn away from affordable housing programs that support low-income families.

Thank you, Madam Chairwoman.

I welcome the support of the Administration's work on advancing and refining these ideas.

I don't see the same number of tenants or the same number of housing units that it replaced.

I have 11 letters in support of the HOME Program, and I ask unanimous consent to submit them for the record.

I would like to go into executive session, because I would like to ask this witness questions...

But if you have to pay the taxes, and you have to fix the leaky roof, and you don't understand all of the conditions, a reverse mortgage could literally put you on the street without a stream of income.

She lied. She has lied. She is a convicted felon, so she lied already.

I have never had the primary first witnesses who come before the committee be two convicted felons.

Is that your purpose here, to tell us how you stole the HUD funds?

So you are a thief on the one hand but you are very generous with the National Republican Congressional Campaign Committee.

It seems to me if we want to know, we should find out who they were and call them.

I think that I am looking forward to those studies and making sure that the public has a broad understanding of those studies so that they can be better protected.

The embezzlement that we are going to hear about from the convicted felons began under George Bush's Administration.