And to think that you have to get to 2 percent immediately would--you could try to get there in a month by raising your premium to 28 percent instead of point whatever percent, and then nobody--you would kill the program.
Capuano discusses the impracticality of immediately reaching the 2 percent reserve requirement for FHA.
Share
More from Mike Capuano
But it is also worth noting that to the American people, it was Democrats under the sterling leadership of our Ranking Member, Ms. Maxine Waters, who has been fighting and been our protector on many of these issues.
Other voices in this conversation
