Robert Menendez actually said...

"If the data coming out in August and then this fall supports our experience that changes to HAMP in design and implementation cannot address the foreclosure crisis, mandated loan modifications, bankru..."

"I want to echo Senator Warner's remarks. That is not enough. There have to be consequences here."

"How can any servicer or any lender say you have to be delinquent? There should be a consequence for that. It is false."

"I think there is no question but that complex, unregulated mortgages are what are driving the current foreclosure crisis."