Jeb Hensarling: “How are we that much better off? And if we could put up a slide, you are asking community banks to make a forecast.”

reduce taxpayers' risk, codify into law an explicit government guarantee, and increase market competition.

Putting layers of diversified private capital in a first loss position will help ensure more accurate pricing of risk.

If we ignore that basic fact, we are willfully disregarding history, and we are bound to repeat history.

HUD resources have not been the challenge; HUD focus and success has been.