Melvin Watt: “There is nothing in the self-sufficiency program at Earl Village in Charlotte, NC, that requires people to work without…”

I demand a recorded vote. The CHAIR. Pursuant to clause 6 of rule XVIII, further proceedings on the amendment offered by the gentleman from North Carolina will be postponed. Amendment No. 3 Offered by Mr. Polis The CHAIR. It is now in…

There is no rational reason, if you think about it, why a superior tax lien would be having an interest rate of 10, 11, 12 percent when a lien subordinate to it is going at 4 percent or 5 percent.

Senator, that is just not true now. What we did not do was principal reduction, but there are millions and millions of people that we have provided relief for whose homes were in jeopardy.

What was needed in this industry was somebody to make responsible decisions and not let access overburden safety and soundness.