Political Quotes

“It is interesting that the gentleman just described this as a consumer protection bill for people who live in manufactured housing. We are talking about trailer homes. But yet the National Manufactured Home Owners Association is opposing this bill, along with the Alliance for a Just Society, Americans for Financial Reform, the Center for American Progress, the Center for Responsible Lending, Consumer Action, Corporation for Enterprise Development, Empire Justice, Financial Protection Law Center, the Housing Assistance Council, the Leadership Conference on Civil and Human Rights, the National Consumer Law Center, National Council of La Raza, National Fair Housing Alliance, North Carolina Justice Center, U.S. Public Interest Research Group. Are these the far left that he is talking about, the people who actually represent folks that live in the kind of housing that he is saying that he wants to protect? Nearly 7 years ago, our housing collapse resulted in more than 5 million foreclosures and 10 million jobs lost, and so we enacted Dodd- Frank to reform Wall Street, to improve consumer protections against crippling loans and the creation of the Consumer Financial Protection Bureau. The two bills, H.R. 650 and H.R. 685, would strip many of these consumer protections, would allow higher fees and reduce consumer protections and permit some of the most abusive and deceptive practices that trapped borrowers into unaffordable loans.…”