Jack Reed actually said...

"We have collectively for generations, both Republicans and Democrats and everyone else has said putting people in homes is key to America."

"the 30-year mortgage would be less available. Mortgage credit would be less available, and the credit availability that you would be able to access would be at a significantly higher price."

"there is a lot of capital going into this market because of the way it is structured, the guarantee, the credit risk aspects."

"So one of the aspects of creating this new--and we all understand this is not going to happen next year, this is a phased adaptation going forward--would be to provide investor protections, but perhap..."