mr. borowski said, it is late but at least you are aiming in the right direction. he did not seem to have confidence based on the past that your department is going to do very much of anything. even under the threat of demise of the program. i am wondering what is your reaction to that? >> thank you for the question. my reaction is to be puzzled. i felt like there was strong criticism but i did not hear specifics. sigtarp made recommendations to us. we have implemented 14. the ones we did not would have made it harder for people to get assistance. it would have required us to thumbprint anyone and would have required more documentation about income, comparing their income to when they got their mortgage. other things like that. the last recommendation was in april of last year. lately, he said the program is a failure but we have not seen in thesanything specific. we are expanding our compliance reporting and we will withhold incentives. on that, what we did from the outset was we had a very strong compliance program to get servicers to fix the problem. there was n

mr. borowski said, it is late but at least you are aiming in the right direction. he did not seem to have confidence based on the past that your department is going to do very much of anything. even under the threat of demise of the program. i am wondering what is your reaction to that? >> thank you for the question. my reaction is to be puzzled. i felt like there was strong criticism but i did not hear specifics. sigtarp made recommendations to us. we have implemented 14. the ones we did not would have made it harder for people to get assistance. it would have required us to thumbprint anyone and would have required more documentation about income, comparing their income to when they got their mortgage. other things like that. the last recommendation was in april of last year. lately, he said the program is a failure but we have not seen in thesanything specific. we are expanding our compliance reporting and we will withhold incentives. on that, what we did from the outset was we had a very strong compliance program to get servicers to fix the problem. there was n