Robert Menendez actually said...

"the crisis reminded us how important a healthy mortgage market is to our economy, not just to financial stability, but to families' ability to build wealth and strong communities."

"To me, that is not theoretical. It just makes common sense."

"We should be open to calibration, however, in both directions, areas where protections may need to be strengthened and areas where the law may need careful tailoring to reduce costs of compliance and ..."

"I hope we can strike the right balance between reducing compliance costs without undermining regulatory objectives."