Deborah Ross actually said...

The Federal Government's involvement in housing finance is predicated on the idea that it is not only helpful but it is also necessary.

That loan isn't a loan, it is an albatross. It is a moral hazard.

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 ju...

Let us recognize that a family may not be able to afford a home. The prices may be too high and the family's income may not rise with those ...