Robert Menendez actually said...

"Can you get to the point about principal reduction for me"

"And so it seems to me, is that leading--do you believe that that has influenced Freddie's policies that discourage refinancing for homeowners."

"I think there is a fundamental difference that when the marketplace on the private sector is looking at 20 percent of its portfolios and saying it makes sense for us in the marketplace to do so."

"It has long been our top priority in the Housing Subcommittee that I am privileged to chair to restore the housing market to full health so that we can get the broader economy moving more quickly."