Robert Menendez actually said...

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 individual...

And, of course, those costs would be significant over the life of a loan.

And one of the challenges I see is what if we completely eliminate the GSEs, as some are proposing?

I don't think we should give up on the American Dream of home ownership because of the current housing market setbacks.