Jeff Merkley actually said...

"I think all the Members of this Committee have constituents who are in the modification process."

"I am completely dissatisfied. We will continue the conversation."

"It is important to have national standards, but it is also important to have one regulatory agency that takes this on as its job with an eye to protecting consumers."

"Thank you very much, Mr. Chair, and I will follow up on your questions related to the put-back with our folks, Mr. Edwards and Mr. Bisenius from Fannie and Freddie."