Mike Capuano said "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." @ PoliticalQuotes.com

On the recordFebruary 10, 2015

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.

Said by

Mike Capuano

Democratic · Massachusetts

Source

congress.gov

Editor's note · Context

Capuano discusses the impracticality of immediately reaching the 2 percent reserve requirement for FHA.

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