. >> thank you, madam chairperson. i'm pleased to be here remitting the -- representing the mortgage companies of america to talk about the soundness. since they operate in similar markets, historically, mica offered insight into fha's financial condition and suggested ways to improve the operation. mike was one of the few members advocating for the 1990 reform staff that mandated a 2% capital ratio and the actuary report rare report that is the subject of today's hearings. i'd like to make two basic points. first, fha is on the brink of becoming a subsidized program, and steps must be taken immediately to put it on track to financial solemnness. second, while fha and private serve similar markets, the balance between the government and private sector has been destabilized in recent years. they need to bolster the fha and allow private capital to serve the market in full capacity. returning the fha and private sector to norms are not mutually exclusive goals, and, in fact, can be achieved in tandem. we believe the comm

. >> madam chairperson, members of the committee. it is my pleasure and my honor to be with you this morning to tell you about iowa's experience with video court proceedings. the iowa judicial branch has been a leader in media and audio coverage for courts. for more than 30 years, iowa courts allowed audio, photographic, and video coverage of our court proceedings. in 1979 following a thorough study, the iowa supreme court adopted rules to allow for expanded media coverage of court proceedings in both trial and appellate courts. these rules are carefully designed to present disruption of the court hearings, to safeguard the rights of litigants to a fair and impartial trial and appeal, and in summary, iowa rules provide for the media to file first a request to cover a media court coverage trial. that request is filed with a media coordinator who then submitted it to the court, and litigants are then given a right to october to the coverage, and the media must pool equipment and the rules prohibit certain sensitive segments of the hear