She has long waged a battle within the administration for direct assistance to homeowners, rather than having stressed mortgage holders be the incidental beneficiaries of bailouts to bondholders and banks. Last week, she went public with her dissenting views, giving an interview to the Wall Street Journal. "[W]e're attacking it at the [financial] institution level as opposed to the borrower level, and it's the borrowers defaulting. That is what's causing the distress at the institution level," she said. "So why not tackle the borrower problem?"