09/12/2012
https://www.congress.gov...
"the use of a commercial port for forward projection from the East Coast is the Port of New York and New Jersey, and when it cannot operate well, it is part of a national security imperative as well."
"There is a clear case to be made, in my mind, that but for FHA in the midst of this housing crisis we would have a far greater crisis on our hands."
"Well, Mr. Chairman, let me close, if I may, with your indulgence, because of the nature of this issue, by saying, number one, we await what the supplemental looks like, and we will reserve judgment un..."
"Do you have a different view than Moody's data that shows that the FHA's presence in the market prevented housing prices from dropping another 25 percent?"