Claire McCaskill

We've learned unequivocally that the taxpayer is the one that has to step in if Fannie Mae flounders.

How about if we just make lock-in rates?

I cannot understand why they would pass an Anti-Predatory Lending Act in the House of Representatives and exclude the reverse mortgage program.

So what the bank doesn't want to do because it feels risky, they're more than happy to do when the taxpayers are on the line.

So the way I understand it, there used to be some predictability in terms of the lock-in of the rate and now this rate is now floating, is that correct?

Well, why aren't proprietary--then why aren't there proprietary loans being made now----

How are these straw buyers being recruited, and what are they being told? Have some of these cases been prosecuted?

Reverse mortgages really need to be handled differently.

This hearing isn't about saying that every reverse mortgage is bad.

What percentage of the reverse mortgages that have been closed in the last 18 months have been done by members of your organization?

Is it a fair assumption to say that we're on track to double the number of reverse mortgages that are under the HECM Program this year as opposed to last year?

OK. I thank all three of you for your testimony this morning.

The problem is we have to be careful that the benefits outweigh the cost of compliance.

I completely understand why this legislation is important and why we need to get it passed.

I really would, though, urge you all to whatever extent you can, run it up the chain.

If we harden the target, they will no longer be able to do so.

You all know that terrorists cannot succeed unless they move money.

There is no feeling of helplessness that is more acute than when you know there is really bad stuff out there and you cannot find the thread to pull.

I hope you guys reconsider the position you are taking on the use of these homeland security monies.

It doesn't make sense to me, just using good, old-fashioned common sense, that we would go through a certification process and then not require it.

What specific measures either are being weighed or implemented by the DOD to address the lack of a comprehensive Office of the Secretary of Defense strategy?

Mr. Arny, what is being done to address waste of public funds resulting from the procurement of new relocatable facilities rather than use of ones in storage or slated for demolition?

I am confident it is being outsourced beyond the United States for the large commercial carriers.

Mr. Arny, how will DOD address characterization of relocatable structures as personal vice real property structures to facilitate their funding via operations and maintenance budgets vice the military construction (MILCON) appropriations…

I would certainly appreciate you following up on that, because one of the issues, of course, is, why do we have certified repair stations if people aren't required to use them?