01/09/2017
https://www.congress.gov...
"I think it is very different to try to coerce lenders."
"Look, I can see this is a huge thing for the Government to somehow force a person who has loaned somebody a bunch of money, given it to them, on a promise it will be paid back."
"I do not think there is any doubt that they could become skittish in the future if they do not know what Congress next will invalidate, the written contract they had when they loaned the money."
"But I would stress if it is solely a case of where you have a negative equity and, you know, your income stayed the same, your mortgage payment stayed the same, all it is is that the value of your hou..."