New Jersey is the only State in the country that has a State law that puts the clear obligation on the lender that has initiated foreclosure to maintain the property during the foreclosure process.

While the $26 billion settlement helps homeowners, it is a long way from healing the grievous wounds left by the crisis.

So, really, what the problem is is that the person who the counselor may be speaking to on the phone is not the person who is going to make the decision about whether that loan modification is approved or not.

We need legislation that is essentially a 'use it or lose it' bill.

It seems to me that taking the view... only... can only come by either payment or foreclosure misses a tremendous opportunity to preserve.

I think this is a crisis.

Is that, in part, why you talked about aligning servicer standards with--servicers' incentives with seeking remediation and----

I agree that it is the role of the conservator to try to preserve as much of the Federal money that exists.

I have a billion-dollar set-aside for full faith and credit of the United States for CDFIs.

One of the suggestions you have that is of interest to me, that the counselor have direct access to the lender.

We cannot continuously go back to Washington because you are doing the best you can.

So if we marketed it and had a lot more influx, how would we meet the challenge of----