Political Quotes

Luis Gutiérrez: “You mentioned that a 5 percent downpayment requirement on FHA loans would have prevented 345,000 families from buying…”

On the recordSeptember 7, 2011
You mentioned that a 5 percent downpayment requirement on FHA loans would have prevented 345,000 families from buying homes.
Said by
Luis Gutiérrez
Democratic · Illinois

Editor's note · Context

Gutierrez highlights the potential negative impact of a proposed downpayment increase on homebuyers.

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