Melvin Watt: “I question, in the middle of a national credit crisis, why would we want to make credit more expensive and less…”

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…

I don't think there is any question that somebody who gets good homeownership counseling, either pre-ownership, or in some cases post-ownership--it makes them better borrowers.

No one is above the law.

I think if you ask most people out in the public, there is actually the opinion that there is an unlimited guarantee to this space, and that is not true.