Political Quotes

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

On the recordFebruary 9, 2012
A downpayment standard of 20 percent could push 60 percent of all creditworthy borrowers out of the market.
Said by
Bob Menendez Jr.
Democratic · New Jersey

Editor's note · Context

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

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