You made reference to the subprime market going down. Option ARMs are prime. They are not subprime, right? They are supposed to be prime mortgages. Isn't that correct?
Editor's note · Context
Levin distinguishes between Option ARMs and subprime mortgages.
Share
More from Carl Levin
I thank Congresswoman Leger Fernandez. Let me start by saying what an honor it is to serve with you, and I think this is our first action on the floor. I am really glad you are here, and I appreciate your leadership. Mr. Speaker, I rise…
This amendment seeks to hinder workers' First Amendment right to assemble peacefully to better their workplace situation. No worker wants to go on strike. No worker wants to forgo a paycheck so they can walk a picket line, often in the…
I rise with a message on the passing of Justice Ruth Bader Ginsburg that I shared with my beloved synagogue, Congregation T'chiyah, on Zoom during Saturday's Rosh Hashanah service just before we said the Mourner's Kaddish. We have to…
I thank the gentleman for yielding. I thank the majority leader for organizing this Special Order. Mr. Speaker, I rise to speak for Senator Sarbanes' employees, and especially for my sister-in-law Nellie Freeman, who worked for Paul…





