Patrick Toomey actually said...

"The most obvious policy step to facilitate more mortgage financing is rolling back the GSE's loan level pricing adjustments."

"This is going to be hard. There is no magic bullet here."

"I think that would be an error at this point. I would at least extend the conforming loan limits, current conforming loan limits for another year."

"I think it is important not to overreach. Uncertainty is an issue in the mortgage market."