Susan Collins actually said...

"Eventually, FHA should play a more limited role, in my judgment, in the mortgage market and help encourage the private sector to reassert its primacy."

"The Administration has made several announcements regarding existing housing programs, yet there is much more that must be done to stabilize the housing market and reinvigorate private sector particip..."

"I remain concerned that we must reform our present housing finance programs, and in doing so, we must remain mindful of the need to limit the exposure of taxpayers to additional financial losses."

"And I think the fact that we have market-based pricing rather than government price controls is a significant part of the reason that that is the case."