01/20/2015
https://www.congress.gov...
"I appreciate moral hazards as much as anyone else. I think there are moral issues into how people were led into mortgage products they should have never been into."
"I also think that when you say 20 percent, it seems to me that the broader criteria of determining the lending criteria is important."
"I know that prices, home prices, are low, and interest rates are about as low as they get."
"If it does not, what is the consequences of that, briefly."