03/09/2011
https://www.congress.gov...
"I, quite frankly, was shocked by the numbers that you presented, that the monopoly strategy in HARP 2 results in the difference between--I think it was between $15,000 and $4,000 in refinancing."
"So here, we have homeowners who saw the Government respond vigorously and generously on helping major financial institutions, and little tweaks in the law could save a family $8,000."
"I am going to continue with a different question because I will be running out of time..."
"It does seem like using a flawed design as a foundation for approving another device under 510(k) is something that we need to wrestle with."