CSPAN3 Key Capitol Hill Hearings November 20, 2014
If we know were getting good loans and weve done our Due Diligence at the front end, then we can weve got more control over that process. But i can assure you that when theres fraud or misrepresentation in the process, we will retain the ability to put back loans throughout the life of the loan. I hope that means youre vigilant that the tendency here could be that this gives banks the benefit of the doubt that homeowners dont get, but i know your values and i know what youre doing in that job and i know youll be vigilant about that. Speaking of potential fraudulent activity that you mentioned ...