07/29/2015
https://www.congress.gov...
"I am just--curious. I want to make sure I understand."
"These are complicated, expensive financial instruments, that, while maybe appropriate, in limited circumstances for some seniors, with appropriate counseling and appropriate information, they are bein..."
"Taxpayers make up the difference, not lenders."
"it's the taxpayers that are on the hook for these loans and not the banks."