Pat Toomey: “I have just one quick follow-up for a second round, Dr. Ling, if I could...”

It is absolutely essential to investigate any fraud and violations of existing law, and prosecute those who are committing those crimes.

As I've said before, Government, and especially this Administration, have often been the problem, not the solution, when it comes to housing.

I think there is a case to be made that there should be a regulatory regime on disclosure requirements for an issuer.

Congress can and should offer a sensible approach for the domestic regulation of these activities.