Ryan F. Quarles: “That is probably the highest priority item that we have, discussing ways to ensure that our systems are resilient.”

If Congress does choose to provide a guarantee for mortgages, I would urge that the guarantee be explicit and transparent, done in a manner that protects taxpayers, and apply to securities not institutions.

I think that you can actually have more effect in really supporting the low- and moderate-income portions of the communities.

I do think that a legislature is in a better position to resist the slippery slope for that solution.

I don't think that we should be weakening the CRA.