07/15/2015
https://www.congress.gov...
"I am all for private insurance on the portion above 80 percent. I just think as an equity piece that is not really what you are getting."
"So the impediment is not due to the structure; it is due to us."
"If you were scaling up, though, a new entity--let's say you had designed a way to basically move away from Fannie and Freddie in a methodical way..."
"Well, it helps you, though, move to a system more quickly, I think, where you have an explicit Government guarantee."