07/20/2009
https://www.congress.gov...
"You did execute on it for about a year, a year and a half."
"A lack of controls for fraud, according to this report--this is your own internal report--has existed for some time."
"Would selling those mortgages for that reason trouble you without disclosing that to investors?"
"Now, the fraud problem is not limited to Montebello and Downey."