Luis Gutiérrez actually said...

one in four families are underwater on their mortgages. Home values continue to fall in many parts of the country

Many families face foreclosure as home values decline and mortgage issues persist.

09/13/2011

More Luis Gutiérrez Quotes

I have to tell everyone that it kind of feels like 'Groundhog Day' on this issue, because we have seen it before.

You mentioned that a 5 percent downpayment requirement on FHA loans would have prevented 345,000 families from buying homes.

Why are we spending more money to create more government agencies? Let us keep it the way it is until we can implement some of the other asp...

A reduction in loan limits is already scheduled, and it is simply too risky to implement further reductions at this time.