Robert Menendez actually said...

"I appreciate the opportunity to offer remarks on behalf of the Mortgage Bankers Association at this hearing."

"The HARP reforms implemented last fall removed significant frictions in the program, and early reports indicate increasing numbers of underwater borrowers are now benefiting from the program."

"the Menendez-Boxer Discussion Draft language concerning resubordination of second liens would also contribute to streamlining the refinance process for these borrowers."

"I believe that we can come together to solve some of these different issues"