09/18/2013
https://congress.gov...
"And the reason we had to pay that is because unless we put 20 percent down and financed 80 percent, we had to have the guarantee in there just in case of a default."
"I agree with Mr. Capuano. I think we all believe that there should be a solution here with a backstop."
"First, people should be able to afford a place to live."
"Notwithstanding the many questions that obstruct our path forward on housing finance reform, one thing is absolutely certain: the status quo is unsustainable."