I will say it is kind of a sad commentary on our regulatory system if all it takes is changing the name from insurance to swap in order to bypass regulation.
I am not sure this point has really been addressed.
Would it be appropriate to back up what the market has done with a specific ban on teaser rates and prepayment penalties...
I appreciate the diversity of models that you are presenting for us to wrestle with.
the failure of regulation has turned the American dream of home ownership into an American nightmare of home ownership.
Thank you very much, Mr. Chairman.
This is an incredibly important plan for millions of American homeowners, certainly important to the financial foundatio...
I think that your team and the Treasury team and Larry Summers' team are to be saluted for really wrestling with a lot o...
I did find your chart very useful.
Thank you, Madam Chair.
Thank you very much, Madam Chair, for bringing this panel of esteemed scientists together.