Andy Barr actually said...
I think what you are hearing today is not any kind of objection to the idea that there was some response that was warranted to the mortgage subprime prices, but more concern that the overreaction involved here is something that is depriving the market, the mortgage marketplace of flexibility, depriving consumers of access to mortgage credit.
Context
Barr highlights concerns about overreactions to mortgage subprime prices affecting market flexibility and consumer access.
05/20/2013