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.
Robert Menendez
The Public Record
Robert Menendez is a prominent Democratic politician currently serving as a member of the United States Senate, representing New Jersey. He was first elected to the Senate in 2006 and has since been re-elected multiple times. Menendez has played a significant role in various policy areas, including foreign relations, immigration reform, and healthcare. He has served on several Senate committees, including the Senate Foreign Relations Committee, where he has been an advocate for human rights and democracy abroad.
I think it is one of the most innovative ways to try to get out of the negative equity problem.
I would hope all of us are focused on that as the number one job before the country, getting people to work.
I urge you to pay careful attention to the relationship between housing and the overall economy.
It is important to note that 25 to 27 percent of all homeowners have little to no equity.
It is hard to be optimistic about economic growth if the housing market remains in its present status.
We need to fix the housing market to get the broader economy moving again to create jobs.
Mr. President, I appreciate the passion of the Senator from Louisiana and her personal experience from Louisiana on the consequences of disaster. She speaks from firsthand knowledge and speaks for all of us in this respect. I rise today…
I don't think we should give up on the American Dream of home ownership because of the current housing market setbacks.





