Barack Obama actually said...

One of the criteria is that the up-front costs ('points and fees') not exceed three percent of the total loan amount.

Statement of Administration Policy: H.R. 685 - Mortgage Choice Act of 2015

04/12/2015

More Barack Obama Quotes

We need to maintain the pressure, show that there cannot be cracks in the transatlantic unity.

I never hypothesize that we're not going to get this done because it is the right thing for the American people.

We favor and are pushing toward a diplomatic settlement to the crisis.

They've got that 'even year' magic.