Susan Collins actually said...

I am told, however, that Ginnie Mae's reserves are less than the 2 percent that traditionally has been held. Is that not a problem?

I would also encourage you to work very closely with the new inspector general when he or she is appointed.

I will tell her staff that I enjoyed it very much and that I look forward to working with Madam Chairman Murray.

So is HUD looking for offsets for those costs? $1.5 billion is a fair chunk of change.