Political Quotes

Donald Manzullo: “So then you end up with an oligopoly of 12 or 13 or 14 of the largest lenders in the country that can end up controlling…”

On the recordMarch 20, 2003
So then you end up with an oligopoly of 12 or 13 or 14 of the largest lenders in the country that can end up controlling not only the mortgage, but also all the affiliated services.
Said by
Donald Manzullo
Illinois
Source
congress.gov
Mar 20, 2003

Editor's note · Context

Manzullo warns about the potential for an oligopoly in the lending market.

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