Jack Reed actually said...

"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."

"I want to particularly thank you for is I heard today that within the President's proposal there will be a $1 billion fund to launch the Affordable Housing Trust Fund."

"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."