And to think that you have to get to 2 percent immediately would--you could try to get there in a month by raising your premium to 28 percent instead of point whatever percent, and then nobody--you would kill the program.
Capuano discusses the impracticality of immediately reaching the 2 percent reserve requirement for FHA.
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Elliot Richardson quit. When the President of the United States ordered him to take action he found to be immoral, he quit his job.
The thing I am most interested in is what has happened to the regulations that we mandated and we set deadlines for that are now--some of them--many years past that deadline.
For those of you who are not, understand it is going to be very difficult to make an argument that for some reason everybody else could do it except you.
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