“Housing finance is most critical to the America

“Housing finance is most critical to the American dream and the government wants private capital to invest,” Berkowitz said today in an interview on CNBC. “We and other owners, we want to invest, so we’re ready.”

Spokesmen for Claren Road Asset Management LLC, Perry Capital LLC and Paulson , owners of the preferred shares, declined to comment or didn’t return telephone messages and e- mails seeking comment.