Political Quotes

Jon Tester: The misalignment of the servicer incentives with homeowners and investors, I think, is a recipe for disaster.

On the recordNovember 15, 2010
The misalignment of the servicer incentives with homeowners and investors, I think, is a recipe for disaster.
Said by
Jon Tester
Democratic · Montana

Editor's note · Context

Tester highlights the conflict of interest in servicer incentives during the foreclosure crisis.

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It is so really, really important that you guys have the home Senators on board for this stuff.

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There's plenty of examples of it. The Mission Act is a prime example. The fastest growing part of the V.A. budget. Why? Because we privatizing V.A. health care and its costing us more money, not less.

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Well, I think it's really bad. All you got to do is look at the market. But the truth is, is that if you're a businessman, you understand that what you need in the marketplace is certainty.

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