Patty Murray actually said...

"You noted in your testimony that most of the expected losses are the results of mortgages from previous years."

"Well, as we now work to reform Wall Street and the financial sector and prevent any future housing crisis, it is really clear that we have to address the future of the GSEs."

"So we know reform is necessary and there has to be a clear plan for ending this unlimited taxpayer assistance for Fannie and Freddie."

"Any kind of radical change in the role of the GSEs could also mean a dramatic change for FHA and Ginnie Mae."