Mitch Landrieu: “Senator Wicker, Senator Vitter, myself, and Senator Cochran to some degree have been working for months literally on…”

“Senator Wicker, Senator Vitter, myself, and Senator Cochran to some degree have been working for months literally on this bill. It is a very important bill--as has Senator Nelson of Florida--a very important bill to Mississippi and Louisiana that felt the brunt of these last storms that we will be marking the third anniversary of this August, not too far from today, and in September for Hurricane Rita. As I was saying earlier this morning, thousands and thousands and thousands of homeowners are having a difficult time, the causes of which are very different. In some parts of the country people extended debt beyond what was wise and reasonable and find themselves losing their homes and in some instances it is partly their fault. In some places, some consumers had bad deals thrust at them, and maybe through fraud or some other abuse they find themselves losing their homes. The people I represent didn't do either of those two things. The people I represent in Louisiana and along the gulf coast did nothing but basically play by the rules, have insurance if they were required to, didn't have insurance when they were not required, for the most part.”