Robert Menendez actually said...

"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?"

"Well, this is a real concern to me because I do not understand why you make a bet that you can largely control the outcome of and want your bet to lose."