"We have seen a housing crisis, which has been precipitated by a housing policy that encouraged people to buy houses that they could not afford."
"It has been suggested that it is for first-time homebuyers who can't afford a home and allows them to enter into the market."
"So you give them essentially due process, if you will--"
"I am very concerned that there are not guidelines being issued to mitigate the risk for nonbank financial institutions."
"Would you agree, in addition to the regulations, that we ought to just codify that as part of the Dodd-Frank Act..."
"Since 2000, there have been three serious negotiations that culminated in offers to resolve the Israeli-Palestinian conflict. In each case, a proposal on all the core issues was made to Palestinian le..."
"allowing more consumer choice in the government-dominated flood insurance market creates competition and results in better policies and pricing that will benefit homeowners."
"Representative Murphy and I introduced legislation that redefines private flood insurance to remove Federal restrictions and requirements on coverage."
"And, unfortunately, now you have only one valuation of risk that is being done, and that is by NFIP."
"the implementation of the Biggert-Waters Flood Insurance Reform Act of 2012, or BW-12, has proven to be problematic."
"And that is providing Florida and American homeowners more affordable consumer options in the flood insurance marketplace."