I am open to perhaps restructuring how we support affordable housing in a future housing finance system.

Under the Hensarling comprehensive GSE reform bill, he would like to completely privatize.

I think that it was said by one of you that this should not be a partisan issue, that this should be a bipartisan issue.

Those measures must both encourage the return of private capital to the market, while also ensuring that we do not disrupt our housing finance system.

I have an amendment at the desk. The CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Page 7, line 2, strike the last closing quotation marks and the last period. Page 7, after line 2, add the…

I would just simply ask for support for transparency and support to keep this program going. {time} 1620

This amendment is a transparency amendment that I worked on with Mr. McHenry, where our constituents would be notified and have an opportunity.

Government investment in people, education, infrastructure and innovation can create jobs and these jobs pay for themselves and then some over time.

That's what the Neighborhood Stabilization Program is all about. And it creates jobs. It creates jobs, because now we've got the contractors, the subcontractors, the painters, the Realtors all involved in helping to rehab this…

I demand a recorded vote. The Acting CHAIR. Pursuant to clause 6 of rule XVIII, further proceedings on the amendment offered by the gentlewoman from California will be postponed. {time} 1700 Amendment No. 8 Offered by Mrs. Maloney The…

My amendment would direct the Secretary of HUD to conduct a study to determine the approximate number of foreclosed and abandoned properties that will not be purchased or rehabilitated in the district of each Member of Congress as a result…

I have heard so many convoluted arguments today about this legislation from the opposite side of the aisle. My colleague from California, my friend and someone I highly respect, knows that he does not have to wish what an amendment would…

My amendment would simply require the Secretary of the Department of Housing and Urban Development to send a notice to all of the NSP grantees who would have received funding under the third round of NSP that the program has been…

I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: At the end of the bill, add the following new section: SEC. 5. NOTIFICATION TO NSP GRANTEES REQUIRED. (a)…

And Members, I think that my colleague from Minnesota said it all: Whose side are you on? Are you on the side of the American taxpayers who trusted us to regulate this industry that had responsibility for these mortgages? Are you on the…

I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: At the end of the bill, add the following new section: SEC. 5. STUDY ON IMPACTS REQUIRED. (a) In…

I demand a recorded vote. The Acting CHAIR. Pursuant to clause 6 of rule XVIII, further proceedings on the amendment offered by the gentlewoman from California will be postponed. Amendment No. 7 Offered by Ms. Waters The Acting CHAIR. It…

I do not like the American people being referred to that way. One of the other gentlemen on the opposite side of the aisle this morning referred to our citizens as 'these people.' Now I hear our citizens being referred to as people who are…

Reclaiming my time, I am focused on the homeowner who was supposed to be protected by the regulators that have been appointed and given the jobs of regulation so that they could make sure that our consumers are being treated fairly. We…

Thank you so much. First of all, Mr. Chairman, I would like to thank you for your cooperation on this amendment. I know that there are other words that you would, perhaps, use to explain to the homeowner or to the citizen your point of…

These homeowners are saying, Will you please help me? Will you please do something about the fact that I am working every day, paying a mortgage amount for a home that's 35 to 50 percent less than what I signed up for? Will my government…

I do think this amendment is germane, for a number of reasons. The gentleman talked about the fact that this country was almost brought to the brink of total disaster because of this subprime meltdown. He pointed to things, that have…

I rise to support the amendment. I'm opposed to the point of order. I think it is absolutely germane. Not only do we have a bill before us that will eliminate taxpayers' ability to have their homes that are underwater refinanced; this also…

At the end of the bill, add the following new section: SEC. 4. PUBLICATION OF MEMBER AVAILABILITY FOR ASSISTANCE. Not later than 5 days after the date of the enactment of this Act, the Secretary of Housing and Urban Development shall…

My amendment would mandate that the Secretary of Housing and Urban Development and the Secretary of the Treasury conduct a study on the negative impacts of underwater mortgage loans, or loans where the borrower owes more than the house is…