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Robert Menendez Jr. actually said...

A downpayment standard of 20 percent could push 60 percent of all creditworthy borrowers out of the market.

Context

Menendez warns that high downpayment requirements could exclude many responsible borrowers.

02/09/2012

https://www.congress.gov...

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But for the Congress acting, we would have maybe not been in the deep recession we are in but on the verge of a near depression.
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Congress must do everything it can to incentivize bringing innovation to scale, leaning heavily on new technology.
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View All Robert Menendez Jr. Quotes

Robert  Menendez Jr.
in office

usa, New Jersey

1,044 Quotes

Born7/12/1985 (age 40)

PartyDemocratic

  • U.S. House of Representatives

    1/3/2023 - present
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