Thank you for your bill.

We need to make that our top rod.

Would it not be better to refinance, have a responsible borrower, keep, maybe even join, have the conservator join in shared appreciation mortgages maybe so that the Federal output is further preserved?

it is important that the conditions of how that is done, because working with organizations like yours or Brand New Day or Citizen Action, that brings a certain reality of community-based understanding of the properties involved.

I guess anyone else in the neighborhood looking at that sales price could use it as comparables to file a tax appeal.

I think there is a fundamental difference that when the marketplace on the private sector is looking at 20 percent of its portfolios and saying it makes sense for us in the marketplace to do so.

And so it seems to me, is that leading--do you believe that that has influenced Freddie's policies that discourage refinancing for homeowners.

Can you get to the point about principal reduction for me

Are you telling me Freddie did not make investments----

If we can either conserve the--as I look at the law and think about how do we preserve and conserve FHFA to minimize losses on behalf of taxpayers...

I just find that ethically troubling, to say the least.