10/28/2013
https://www.congress.gov...
"You have not helped a single family, not even one, by agreeing to a principal reduction."
"How many more people have to lose their homes before we get there?"
"But they are not principal reductions, so let us just be----"
"It has been 6 years since Congress created FHFA, and in all that time, your agency has never, not once, permitted a family to reduce its principal mortgage through Fannie or Freddie."