Political Quotes

“We saw what was coming on this mortgage crisis and we passed the Mortgage Reform and Anti-Predatory Lending Act to strengthen consumer protections against risky loans. We wanted to make sure that going forward, the kind of lending practices that we have seen causing this mortgage and housing crisis would not be repeated. That bill is sitting now somewhere across Statuary Hall, across the Rotunda on the other side of this building in the United States Senate, hopefully going to be passed by the United States Senate. But it is being held up there, like much legislation that we have passed here in the House to help middle-class families, to help working families, which has been held up in the Senate. So I am hoping our colleagues are going to see the wisdom of making sure that we have loan standards in this country that really help to ensure that people who shouldn't get loans aren't getting the loans, that lenders who are taking advantage of people aren't taking advantage of them when they make the loans.”