Melvin Watt: “I object to that ruling, and I would ask the Speaker to reverse it. The SPEAKER pro tempore. There is no ruling pending…”

Don't expect me to disregard the law and do it for you.

Congress has given us this mandate: Do lending, back loans that are safe and sound, and provide liquidity in the market.

The real problem was that I think because there was this competition to make money for the private sector, there developed a race to the bottom.

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.