Robert Menendez actually said...

"It is important to remember that there was widespread steering during this housing bubble of overpriced credit to African American and Hispanic households."

"Removing barriers to refinancing will help the effectiveness of monetary policy, allowing the Federal Reserve to more quickly reduce its efforts in quantitative easing."

"the existing system benefits the largest servicers, it benefits investors, and it harms homeowners and taxpayers"

"I have a real concern. Years ago, in this Committee, before we had the housing foreclosure crisis, we had members of the previous Administration, and I said, we are on the verge of a tsunami of forecl..."