Jack Reed actually said...

One of the fundamental aspects, I think, of our recovery is stabilizing housing prices and then beginning to get people to go back to work.

I am heartened that after 8 long years we finally have an administration that remembers that it reports to Main Street, not to Wall Street.

I think also the ability to react to the ups and downs of the market is going to be critical.

I think we were too, in a sense, beguiled by this notion that we could put everyone in a home.