It would be fair I would think to do this statutorily to say--not just for you but for the next HUD Secretary, the next Congress to say, if those capital levels go down, then we will automatically trigger some of the things that you have already instituted.
Capuano suggests legislative measures to maintain capital levels and prevent defaults.
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Do you believe that homeownership is probably the most firm and sound and most used way for relatively poor or moderately poor working class people to move into the middle class?
I do believe discrimination exists. I do believe economic disparity is growing.
I think it is important for us all to understand that we are talking about something that has a huge benefit to those of us that live in rural populations and, again, benefits the urban centers so they can get across those rural areas.
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