Political Quotes

“I thank the chairman. Mr. Speaker, I am still scratching my head. I am still scratching my head at some of the folks on the other side of the aisle. I have no idea why they do not want to help those folks that are less fortunate than others in this country. This is an opportunity, Mr. Speaker, for all of us in this Chamber, Republicans and Democrats, to step forward and show some compassion for folks that want to live in their own home. I urge all of my colleagues right here today to support H.R. 1210, and I salute Mr. Barr from Kentucky for the hard work that he did to put this Portfolio Lending and Mortgage Access Act together. I also thank Chairman Hensarling for his leadership in bringing this out of the committee and to the floor. I enjoy, Mr. Speaker, traveling through my Second District in Maine, the most beautiful part of the world, and I love talking to our small credit unions and community banks. I talk to the folks up at the Maine Family Credit Union in Lewiston or the Bangor Savings Bank, and they tell me how difficult it is to navigate through this huge, complex, 2,300-page Dodd-Frank law that is preventing them from lending money to families who are creditworthy and who deserve these loans. One specific part of the Dodd-Frank law, Mr. Barr's bill addresses. It is called the qualified mortgage rule, or QM. This is a one-size- fits-all rule that does not work for many of the families in Maine.…”