The problem of people getting financing is just everywhere.
When a country, year after year, consumes more than it produces, imports more than it exports, borrows more than it save...
I really would say that your program is going to have a significant and deep effect on housing markets, improving them, ...
But if it goes to two-thirds, shouldn't that be a real change in the housing markets and rates of foreclosure, and even ...
I think the public has this view that the servicers are little entrepreneurs all over the lot.
We are going to have one of the best Housing Secretaries that we have ever had.
And that is going to mean some real stuff to the stability of the banks and of the whole financial markets, because they...
But I think, yes, and Mr. Chairman, I think most of the big banks that have already received TARP money who are servicer...
So this means that right now, two-thirds of the servicers are likely to go along with this plan for those mortgages that...
There are a lot of institutions with no capital standards, but they were not banks and regulated by you, who used huge l...
You know, one of them might not have caused the problem, but a whole bunch did.