Robert Menendez Jr. actually said...

thank you for holding this timely hearing on new ideas to address the Nation's continuing mortgage problem.

What about getting the GSEs to just let people who are presently in place lower rates to refinance at lower rates today?

Thank you Chairman Menendez, Ranking Member DeMint, and Members of the Subcommittee, for the invitation to speak today.

We need big, bold solutions. Everything we have tried to date on our foreclosure problem, regrettably, has not met with our expectations.