Barbara Boxer: “I wish to read from a letter the majority and minority leaders received from the Mortgage Bankers Association, the…”

“I wish to read from a letter the majority and minority leaders received from the Mortgage Bankers Association, the National Association of Homebuilders, and the National Association of Realtors. These are the businesspeople, and this is what they said about her: Carol Galante will bring tremendous expertise and a deep commitment to strengthening FHA's programs . . . Her decades of work in affordable housing development and more recently, managing FHA's multifamily programs, give her a unique perspective on the issues facing our nation's housing and mortgage markets. So here we have a person who understands the business side, and she understands the renters and the owners. The ACTING PRESIDENT pro tempore. The Senator has used 4 minutes.”