Robert Menendez actually said...

"So it seems to me that if we were looking at how do we deal with mitigation if we were looking at a more aggressive borrower outreach and response, which we have written letters to you about and which..."

"I hope that we are adopting policies that give us long-term growth in the housing market, which is going to be part of our solution."

"Well, Fannie is headed in the right direction. Freddie Mac has a dismal record. I would commend it to your attention and like to see your response to it."

"Thank you, Mr. Chairman."