Melvin Watt: “I have always believed that you cannot make a loan to somebody who cannot afford to repay it.”

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…

It is intolerable to me to think that a mere accusation of impropriety would somehow deny him the presumption of innocence.

This is in line with my consistently repeated belief that it is the role of Congress, not FHFA, to decide on housing finance reform.

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.