Political Quotes

Ed Royce: “Have we once again created a situation where individuals with no equity in their homes end up leveraged to an almost…”

On the recordFebruary 25, 2015
Have we once again created a situation where individuals with no equity in their homes end up leveraged to an almost personal Ponzi scheme?
Said by
Ed Royce
Republican · California

Editor's note · Context

Royce warns about the risks of home equity and potential financial crises.

Share

More from Ed Royce

Dec 21, 2018

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…

govinfo.gov
Dec 11, 2018

I share the judge's sense of urgency on this and I think that is why we need fully funded programs.

congress.gov
Dec 11, 2018

Clearly there is strong bipartisan support for well-resourced, broad engagement in Africa.

congress.gov
Sep 26, 2018

In the decade leading up to the financial crisis of 2008, Fannie Mae and Freddie Mac spent nearly $200 million on lobbying activities and campaign contributions.

congress.gov

Other voices in this conversation