Maxine Waters actually said...

"A large part of our society fits into that category. And they deserve to be homeowners if, in fact, they are hardworking citizens who pay their bills, who have not had any problems."

"when we take a look at those that we would lend to with the 3 percent down, are we not talking about people who have shown that they pay their bills every month, they have basically good credit, they ..."

"If we close the GSEs without putting in place a viable alternative, as my Republican colleagues would do, we would likely reenter a recession."

"When FHFA lowered the downpayment requirements, it appropriately balanced safeguards to protect the taxpayer with expanded credits for eligible borrowers."