Robert Menendez actually said...

"But I would assume--I understand what you are saying, but I would assume the conservatorship, ultimately its goal is to maximize or limit, actually, the scope of the liabilities at the end of the day."

"But we would have to change HARP from where it is now to accomplish that."

"What about the--I raised this with the previous panel--about the QRMs, the 20 percent? It seems to me we take out a huge class of individuals in the country who could be responsible borrowers and help..."

"As families back in New Jersey, whether they own their homes or they are renting, are struggling through these tough times, we need to make sure that they have access to 30-year fixed-rate mortgages."