Political Quotes

John Walsh: Over the past 3 years, private mortgage insurers, using private capital, have blunted the loss of taxpayer dollars by…

On the recordJuly 20, 2011
Over the past 3 years, private mortgage insurers, using private capital, have blunted the loss of taxpayer dollars by absorbing approximately $25 billion in foreclosure losses that would have otherwise been borne by taxpayers.
Said by
John Walsh
Democratic · Montana

Editor's note · Context

Highlighting the financial impact of private mortgage insurers on taxpayer losses.

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