Jeff Sessions actually said...
If you sign a mortgage that gives you a guaranteed right upon failure to pay to take the property back, and that is eroded significantly through a bankruptcy rule change, does that ripple through the system, as some have told us in the past, and make lenders more nervous about lending and therefore rates could go up for everyone?
Context
Sessions questions the impact of bankruptcy rule changes on lender confidence and interest rates.
03/16/2010