Maxine Waters actually said...

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

"In the richest country in the world, it is unconscionable that there are 7.1 million American households for whom safe and decent housing is neither affordable nor available."

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

"There are 7.1 million American households for whom safe and decent housing is neither affordable nor available, a situation made worse due to Republican attacks on public housing and voucher programs."