Political Quotes

Carl Levin: “The major drop which you and others from WaMu refer to came in the fixed, 30-year loans, and that drop took place when…”

On the recordApril 12, 2010
The major drop which you and others from WaMu refer to came in the fixed, 30-year loans, and that drop took place when you decided to engage in a higher-risk strategy.
Said by
Carl Levin
Democratic · Michigan

Editor's note · Context

Levin discusses the shift to higher-risk loans impacting fixed loan originations.

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