Terri Sewell said "The consumers will continue to have the wide range of consumer protections that Dodd-Frank affords and which I think many of us agree with. Steering would be prohibited. We would still have truth-in-lending disclosures, which are critically important, and loan-term disclosures that are critically important; and the prohibitation against mandatory arbitration and other State laws are not affected. I see this not as a predatory lending bill, but an access to affordable housing bill, and I ask my colleagues to support H.R. 650." @ PoliticalQuotes.com

On the recordApril 14, 2015

The consumers will continue to have the wide range of consumer protections that Dodd-Frank affords and which I think many of us agree with. Steering would be prohibited. We would still have truth-in-lending disclosures, which are critically important, and loan-term disclosures that are critically important; and the prohibitation against mandatory arbitration and other State laws are not affected. I see this not as a predatory lending bill, but an access to affordable housing bill, and I ask my colleagues to support H.R. 650.

Said by

Terri Sewell

Democratic · Alabama

Source

govinfo.gov

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