Robert Menendez actually said...

What does not make sense to me, and maybe you can explain it to me, is that the FHFA seems to be saying that there are no GSE borrowers in the entire country for whom principal reduction makes sense.

Context

Menendez expresses confusion over FHFA's stance on principal reduction for GSE borrowers.

03/14/2012

https://www.congress.gov...

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