SPEAKER INDEX    CONTENTS   INSERTS   
BERSON          47     51     80     81  
CLAY            76     77     79     80     81     82     83  
DAVIS           15     31     32     33     34     35  
EBERHARDT       51     54     70     80  
FRANK            9     25     26     27     28     29     30     31     33  
                35     38     39     40     41     42     43     71     72  
                73     74     75     76     77     78     79     82     83  
GARY G. MILLER OF CALIFORNIA     6     22     25     35     36     43  
                45     51     54     56     58     61     64     67     68  
                69     70     71     76     79     81     83  
HELLYER         54     70     71     80  
KEMPNER         56     77     78     79  
LEE             13  
NEY              1      6      9     13     15     16     19     20     21  
                22     25     31     35     38     43     45     46  
NOTHAFT         58     61     67     68     77  
PETROU          61     64     69     70     71     72     73     74     75  
                76     77     82     83  
SCOTT           13     21     22  
THOMPSON        65     76     81  
WATERS           4      6  
WEICHER         16     20     21     22     25     26     27     28     29  
                30     31     32     33     34     35     36     39     40  
                41     42     43     45  

CONTENTS    SPEAKERS   INSERTS   
STATEMENT OF HON. JOHN C. WEICHER, ASSISTANT SECRETARY, HOUSING/FEDERAL HOUSING COMMISSIONER, U.S. 
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
                                                                 PAGE    16

STATEMENT OF DAVID BERSON, VICE PRESIDENT AND CHIEF ECONOMIST, FANNIE MAE
                                                                 PAGE    47

STATEMENT OF JON EBERHARDT, PRESIDENT ELECT, CALIFORNIA ASSOCIATION OF MORTGAGE BANKERS
                                                                 PAGE    51

STATEMENT OF GLENN HELLYER, REALTOR, YORBA LINDA, CA
                                                                 PAGE    54

STATEMENT OF JONATHAN L. KEMPNER, PRESIDENT AND CEO, MORTGAGE BANKERS ASSOCIATION
                                                                 PAGE    56

STATEMENT OF FRANK E. NOTHAFT, CHIEF ECONOMIST, FREDDIE MAC
                                                                 PAGE    58

STATEMENT OF BASIL N. PETROU, PRINCIPAL AND MANAGING PARTNER, FEDERAL FINANCIAL ANALYTICS, INC.
                                                                 PAGE    61

STATEMENT OF BARBARA J. THOMPSON, EXECUTIVE DIRECTOR, NATIONAL COUNCIL OF STATE HOUSING AGENCIES
                                                                 PAGE    65


INSERTS    SPEAKERS   CONTENTS   
NO INSERTS IN THIS HEARING