07/09/2013
https://www.congress.gov...
"Well, I would have no doubt that OTS has a system today, especially in light of the hearings that have been held."
"Make the loans, package the loans, sell the loans, collect the money, with a small residual for WaMu in terms of risk."
"In hindsight, it looks like this was systemic activity."
"So no proof of income, just a statement of income?"