Melvin Watt: “What was needed in this industry was somebody to make responsible decisions and not let access overburden safety and…”

Due process cannot be dispensed in 5-minute exchanges of questions and answers, or by politicians...

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.

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.

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…