Melvin Watt: “would the Chair repeat what he just said? The Acting CHAIRMAN. The gentleman from Florida has the right to close.”

I thank the gentleman for yielding time. Mr. Chairman, I want to rise not so much in opposition to the manager's amendment, but in opposition to the bill and so that we can try to make sure that people understand what it is that they are…

I think the 30-year fixed-rate mortgage has become a standard for American homeowners, and it is important to retain that.

This is definitely the last time I will be addressing this House. As my colleague, David Price, has indicated, I have been confirmed to a new position as regulator and director of the Federal Housing Finance Agency. I just wanted to take a…

There is nothing worse, I have found, in this area of the market than uncertainty, and the longer this drags out, the more uncertainty there is.