Andy Barr: “I thank the gentleman. Mr. Speaker, just briefly in response to my colleague from Massachusetts and the analysis that…”

“I thank the gentleman. Mr. Speaker, just briefly in response to my colleague from Massachusetts and the analysis that this 1,800-page regulation is just a prop and he blames about 171 pages on explanations and guidance and suggests that, well, that is a good thing, we want explanations and guidance from the bureaucrats to explain how this works, let me tell you what my constituents back in Kentucky are telling me what happens in the real world. In the real world, how closing attorneys--this is a closing attorney in Kentucky who says this interprets this stack of paper, and he says, ``I am going to have to do two closings, a TRID-compliant closing and then another closing that actually informs my client what is going on in the transaction.'' Now, is that simplifying things for consumers? Does that make things easier for a home buyer and a home seller to have two closings, one that is TRID-compliant, compliant with the bureaucracy, and one that actually helps the home buyer with a HUD settlement statement? I don't think so. The SPEAKER pro tempore. The time of the gentleman has expired.”