So it sounds like you would recommend spending that surplus to tackle these needed repairs, maintenance, efficiencies, and thereby we would also be creating jobs during this diffic...
I think it is important to recognize that we are not just looking at the jobs we create by building and maintaining the infrastructure, but ...
And with substantial energy savings as well.
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...
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 ...
Thank you for noting that.
So essentially, you say when there is recognition that a modification cannot be completed, then we need to push through to foreclosure.
And that would not be because the number of folks falling into foreclosure action is declining, so to what do you attribute that?
I will just close with this comment, and that is that the perspective presented by major banks before this Committee was that they are suspe...
We all like things to be efficient and move quickly, get resolution for people, clarity for people.
OK. So let me lay it out this way, then. If the four largest banks have reserves for repurchase of about $10 billion...