Patty Murray actually said...

"How much of the $14 billion will actually cover the costs that are expected to result from additional risk and how much will be used to provide incentives to lenders or help extinguish second liens?"

"I think we need a very thoughtful approach as we do this."

"Fulfilling the same role as it did when it was created during the Great Depression, the FHA has stepped forward to help provide liquidity and restore stability to the housing market."

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