"it's the taxpayers that get left holding the bag, because we are insuring 90 percent plus of these loans"
"Taxpayers make up the difference, not lenders."
"These are complicated, expensive financial instruments, that, while maybe appropriate, in limited circumstances for some seniors, with appropriate counseling and appropriate information, they are bein..."
"I am just--curious. I want to make sure I understand."
"I don't think, frankly, that's our place."
"Senator Claire McCaskill has proposed legislation aimed at preventing fraud, and requiring that ads for government-backed mortgages present a balanced view of their risks and benefits."
"Thank you very much. I want to, first, on a personal note, say how terrific it is to see the Attorney General from Missouri here."
"it's the taxpayers that are on the hook for these loans and not the banks."
"I think this is one of these situations where Washington probably doesn't know best."
"I think that those people--those Attorney Generals who engage in inappropriate Pay to Play contractual arrangements with campaign contributors will hear the wrath of the voters at the ballot box."
"Nine out of ten of these reverse mortgages, and increasingly these sale-leaseback arrangements, which are nothing more than stealing the equity from senior citizens."