You may not want to watch the whole video, so I’ll give just one quote. (My emphasis added)

“Under the outstanding leadership of Mr. Frank Raines, everything in the 1992 Act [referencing Freddie and Fannie] has worked just fine. In fact, the GSE’s have exceeded their housing goals.  What we need to today is to focus on the regulator, so as not to impede their affordable housing mission. A mission that has seen innovation flourish - from desktop underwriting, to 100% loans.”

-Representative Maxine Waters, California

Thanks to Pat and Chuck for sending! :-)