Political Quotes

“I thank the chairman for moving this very important package of bills through the Financial Services Committee and now to the floor. Madam Speaker, I want to congratulate a terrific Congressman from the State of Arkansas (Mr. Hill) for the great work he has done in reconstituting the TRID Improvement Act. This bill, Madam Speaker, is designed to help our homeowners or would-be homeowners go through the process comfortably and efficiently, and also help our financial professionals who help them, in turn, to secure residential mortgages. This bill, as has been noted earlier, Madam Speaker, passed with very strong bipartisan support, and I encourage everybody on the floor, Republicans and Democrats, to weigh in with a ``yes'' vote on H.R. 3978. Now, Madam Speaker, Mr. Hill's bill has two very important pieces that help our families and also help our economy grow. First, in title I, section 101, this bill allows title insurance companies to accurately disclose the premiums they charge for their service and also the discounts that are available to our home buyers across the country. Right now, the CFPB does not allow such disclosures, which is unfair and confusing for our home buyers. Madam Speaker, secondly, in title V, section 501, this bill includes the Eliminating Barriers to Jobs for Loan Originators Act, of which I am proudly a cosponsor.…”