Chuck Schumer actually said...

"We are going to have one of the best Housing Secretaries that we have ever had."

"But I think, yes, and Mr. Chairman, I think most of the big banks that have already received TARP money who are servicers have agreed to be part of this, isn't that right?"

"So this means that right now, two-thirds of the servicers are likely to go along with this plan for those mortgages that meet the guidelines and the guidance that you have put out, is that right?"

"The problem of people getting financing is just everywhere."