let's talk about what the g.s.e.'s have tkodone subsequeno the crisis since they put into conservatorship. that is the point in time i'm more familiar with.wput into conservatorship. that is the point in time i'm more familiar with.eput into conservatorship. that is the point in time i'm more familiar with.rput into conservatorship. that is the point in time i'm more familiar witeput into conservatorship. that is the point in time i'm more familiar with. put into conservatorship. that is the point in time i'm more familiar with. one thing they have done and reason i took the job is they have been the only game in town for the mortgage market. here are the numbers accounting for 75% of the total mortgage market if you add in f.h.a. another government mortgage provider, you get to about 95%. so, the private market has been providing only about 5% of the mortgage money. where would we have been the past three or four years without the g.s.e.'s performing this function? in addition, we worked with the administration and t