If you want to stick with a program of putting back anytime, anywhere, whatever, that is fine, we are just not going to make these loans, and there are going to be a whole bunch of Americans who are underserved in the mortgage market.
Royce expresses concern about the impact of lending policies on underserved Americans.
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I plan to introduce legislation with two objectives: The first, to explicitly prohibit Fannie and Freddie from engaging in lobbying activities while in conservatorship.
But I will ask both of you, we have got to engage with countries across Africa even the most challenging countries.
I hope this Administration and this Congress have learned something from this failed duopoly and do the hard work necessary to reform our housing finance system.
I would like to thank Mr. Engel of New York for his friendship for over 20 years on the committee, but also for his shared leadership over the last 6 years on this committee. I would also like to thank him for his commitment over the years…
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