Robert Menendez actually said...

"I have introduced a bill that basically promotes shared appreciation mortgages at the FHFA and FHA as a creative solution to the housing crisis."

"I think you have done an extraordinary job."

"The FHFA has shown a dismal lack of initiative in the housing crisis and needs to be far more aggressive in taking steps that could both help homeowners and taxpayers."

"So do you think these investments that influence Freddie's policies may very well have discouraged homeowners with high-interest mortgages from refinancing?"