Mike Flood actually said...

"This fee assessment is a violation of that basic sense of fairness, and they should be upset."

"I am also deeply concerned that this clearly-political decision will lead to a future pattern of using the FHFA to make future decisions based on the same principles."

"We need to understand where we are at, and how these things work."

"We need a way of clarifying when and where our current regulators should have jurisdiction over the existing market."