03/15/2011
https://www.congress.gov...
"The fact that the Mutual Mortgage Insurance Fund may require an appropriation from Congress in fiscal year 2013 is a serious matter."
"But as always, someone seems too willing to game the system and take advantage of seniors to turn a profit."
"We thank Senator Menendez for his leadership and the introduction of bill S.469, which would give HUD the tools it needs to act quickly to ensure we continue on the right path."
"I introduced S.469, allowing the FHA to implement much needed reforms, give them the authority via Mortgage Letter to reduce the amount of money borrowed to sustainable levels."