SPEAKER INDEX CONTENTS INSERTS BAKER 1 3 6 7 13 16 17 21 23 24 25 29 32 35 36 38 39 40 41 42 43 44 53 54 55 56 57 60 61 BISENIUS 29 44 54 60 GOLDSTEIN 7 39 HAY 13 41 42 43 44 52 57 KANJORSKI 3 4 13 36 38 44 45 46 47 49 50 51 52 53 57 58 59 61 MCGRATH 16 17 57 58 OPPENHEIMER 32 39 45 46 48 PETERSON 21 23 40 41 54 55 56 57 TAYLOR 35 36 40 48 50 51 59 WILSON 24 25 58 CONTENTS SPEAKERS INSERTS STATEMENT OF IRA GOLDSTEIN, PUBLIC POLICY AND PROGRAM ASSESSMENT, THE REINVESTMENT FUND PAGE 7 STATEMENT OF ROBERT C. HAY, BROKER AND OWNER, BOBHAY.COM REALTORS PAGE 13 STATEMENT OF MAUREEN MCGRATH, HOMEOWNER PAGE 16 STATEMENT OF RICHARD J. PETERSON, EXECUTIVE DIRECTOR, POCONO BUILDERS ASSOCIATION PAGE 21 STATEMENT OF ALMUS WILSON, FOUNDER AND CEO, POCONO HOMEOWNERS DEFENSE ASSOCIATION PAGE 24 STATEMENT OF DONALD J. BISENIUS, SENIOR VICE-PRESIDENT, CREDIT POLICY AND PORTFOLIO MANAGEMENT, FREDDIE MAC PAGE 29 STATEMENT OF ZACH OPPENHEIMER, SENIOR VICE-PRESIDENT, SINGLE-FAMILY MORTGAGE BUSINESS, FANNIE MAE PAGE 32 STATEMENT OF GARY P. TAYLOR, PRESIDENT, APPRAISAL INSTITUTE PAGE 35 INSERTS SPEAKERS CONTENTS NO INSERTS IN THIS HEARING