Melvin Watt: “solely for the purpose of seeking a unanimous consent request, I yield to the gentleman from Missouri (Mr. Cleaver).…”

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

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.

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

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