Political Quotes

Trent Franks: “Taxpayers will bear the risks as borrowers move to cram-down the principal on their home mortgages.”

On the recordJanuary 21, 2009
Taxpayers will bear the risks as borrowers move to cram-down the principal on their home mortgages.
Said by
Trent Franks
Arizona

Editor's note · Context

Franks warns that taxpayers will face financial risks from mortgage modifications in bankruptcy.

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