Shaun Donovan: “I want to assure the subcommittee that, while significant challenges exist, the FHA is preparing to meet these…”

We are banning foreclosures. You cannot foreclose on anyone affected by the storm for, initially, 30 days.

I think we can continue to revise those. What I do not think is acceptable is to say we are simply not going to try to make progress here.

I have been enormously proud to chair this effort as we work to achieve two basic goals: one, to get the assistance that you all fought so hard to make a reality to communities as quickly as possible, to meet the immediate needs; and…

We believe sequestration should be reversed. We believe that is the right course.