Last month we had a motion to recommit that demanded that within 90 days we recognized three bases that had been under the BRAC, or the base realignment, to start looking at refineries and it was voted down by the majority.
Discussing a failed motion related to military base realignment and refineries.
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More from Lynn A. Westmoreland
The FHA is insolvent. If FHA were a private mortgage insurance company or one of my community banks, it would have failed a long time ago.
I have read your bios and I have noticed that you are all attorneys, it seems like you are all bureaucrats, and none of you are bankers.
The list of FHA advantages over the private market is long, and I have fought to bring private mortgage financing and PMI back into the market.
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