Jack Reed actually said...

"We have to think creatively."

"The foreclosure issue is not only a drag on the economy, but... it is a source of exasperation, anxiety, anger, frustration, and much more for families trying to deal with it."

"That strikes me as not only unfair but terribly inefficient, because the point of a lot of the macroeconomic policy has been to lower interest rates."

"The effort that you have undertaken to come in here and to do that is really valuable for us."