Jerry Moran

I have always thought that in the absence of a housing recovery, our ability to have an economic recovery is significantly diminished.

I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Page 13, beginning on line 1, strike section 112. The Acting CHAIR. The gentleman from Virginia is…

Woman, I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Page 11, beginning on line 8, strike section 107. The Acting CHAIR. The gentleman from Virginia is…

I'm satisfied for the moment.

I don't find it objectionable for professional staff at the SEC or the CFTC or other Government agencies to attend appropriate, reasonable conferences.

My guess is that that provision, the encouragement of investment in start-up companies, will not occur.

I want to make certain that you would ask them to respond to me in a matter of days, hours or days, not weeks or months.

It was announced today that the CFTC is prepared to file civil charges as early as next week against Jon Corzine for the mismanagement that resulted in the largest bankruptcy since 2008's financial crisis.

What is the SEC going to do to make certain the rules and requirements of crowdfunding are clear and accessible to people unfamiliar with securities law?

As a result, domestic dairy producers would be constrained in their ability to respond to international market opportunities, and that results in lower growth and fewer American jobs. It's this type of supply management plan that has…

Are those interest rates fixed or variable?

Is the only recourse on a reverse mortgage loan the equity in the home?

So the $625,500 is the maximum----

What are the underwriting standards? Why is a loan made to someone who is unable or unwilling to pay for their insurance on their home or taxes?

Chairman, thank you. How many lenders are in the reverse mortgage business? Is this a wide group of businesses of lenders?

What is the average amount of the amount advanced--what is the average amount advanced under a reverse mortgage? What kind of dollars are we talking about?

And a senior citizen in Kansas, they would have an option of discussing this with somebody at the Area Agency on Aging.

We need to make certain that not only is home ownership possible for millions of Americans but that the value and equity in that home can be accessed without tremendous exposure on the part of the American taxpayer.

It is critical that the potential tremendous strain that the HECM program has placed on the FHA Insurance Fund is addressed in a very meaningful way.

I may have missed this. Is there a maximum amount that HUD guarantees?

For generations, Americans have had the impression that homeowner is the financial cornerstone of our society.

At this time in our history when we're furloughing 650,000 Department of Defense employees, how can we justify spending $1.5 million per detainee at Guantanamo when half of them have been cleared for release? It doesn't make sense. And now…

What the FDIC does is critical in this arena.

They are never going to get away from you. And what you do matters to the success not just of my banks, but the communities that they serve.

I thank my very good friend from Virginia. I would like to address a few points that my other very good friend from Virginia made. First of all, the case that my good friend from Virginia referred to is actually a case in point. As Mr…