NAN A. S. HAYWORTH: “I would suggest, echoing the comments of my good friend from Pennsylvania, when we think about the fact that this…”

“I would suggest, echoing the comments of my good friend from Pennsylvania, when we think about the fact that this amendment would save the average FHA homeowner about $200 in savings on an annual basis and, while we are here talking about billions and indeed trillions of dollars, the fact is sometimes lost upon us, I would suggest, that $200 is a significant amount of money for first-time home buyers. And indeed, if the notion of what we are here to do in this 104th Congress is to expand opportunity, to empower first-time home buyers to lead to more home sales and to expand homeownership opportunities, then I am glad to rise in support of the amendment.”