Melvin Watt: “If we want to take it back, we ought to do it directly rather than trying to do it by chipping away.”

Don't expect me to disregard the law and do it for you.

Only in America could somebody be confirmed to this position that has the regulatory authority over the bulk of housing in this country.

This is in line with my consistently repeated belief that it is the role of Congress, not FHFA, to decide on housing finance reform.

I think if you ask most people out in the public, there is actually the opinion that there is an unlimited guarantee to this space, and that is not true.