08/04/2021
https://www.congress.gov...
"It is somewhat disruptive to the private mortgage insurance industry."
"the third amendment was justified at the time, and it is still on the website, as being a favor to Fannie and Freddie because they would never be able to pay the 10-percent dividends."
"I guess the question I would like to explore a little bit is: Given the unprecedented behavior of the Fed in recent years, what is normal?"
"I think we need to learn the lessons of the mistakes that have been made."