No, excuse me. The gentleman first said it wasn't the parents. The parents live in another country. The student is here under a student visa, not working, for a 4-year course of study. Could the parents from another country buy that student a home under this bill if the student didn't have a Social Security number?
Discussing the implications of a bill regarding student visas and home ownership.
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I urge staff to pay close attention to the differences in products offered by nonbank institutions and to be mindful of Congress's intent in financial reform that State consumer protection laws be preserved to the extent possible.
For example, there are key differences in product characteristics between payday, car title, and other high-cost secured loans and more traditional closed-end unsecured lending and related products, and the products are often regulated…
Barney Frank said that he believed that it was a war on crypto that motivated this--not a systemic risk of crypto.
I think it is clear that Fannie and Freddie are sufficiently secure so they are in no great danger.
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