“[T]he new regulatory agency, led by my friend and businessman Jim Lockhart… concluded the GSE’s had nowhere enough capital…the only way to prevent a disaster was to take Fannie and Freddie into government conservatorship. It was up to Hank [Paulson] and Jim…"

“[W]ith my colleagues in government, Ben Bernanke, Tim Geithner, Sheila Bair, Chris Cox,John Dugan, Jim Lockhart— at times we differed on philosophy and strategy, but I never doubted their dedication to this country or their commitment to taking the bold actions necessary to save the system."

“Through his tours of federal service, Jim Lockhart brings exceptional credentials and perspective to understanding the risks when government misprices insurance and to proposing changes that reduce taxpayer risk while improving economic outcomes.”

“Jim Lockhart has been there (underwater) and survived. Few persons today can speak with authority and knowledge of managing the shoals of critical government agencies and their continued need of repair. Even out of government, he continues to address reforms, most recently as co-chair with former senator Kent Conrad of the Bipartisan Policy Center’s Commission on Retirement Security and Personal Savings.”

“This country faces a significant problem now that Fannie Mae and Freddie Mac are back under government control in a Democratic administration. Jim Lockhart’s book will be invaluable to those concerned about the housing policies we will see from the Biden administration in the next three years."

“Jim Lockhart has held key posts in some of the government’s most troubled agencies and remains clear-sighted about the challenges they face. Americans should be educated about the mounting problems he describes, and demand that their representatives enact necessary reforms.”