Jeff Merkley actually said...

"I certainly echo the thoughts of my colleague from Rhode Island that it has been extremely disappointing to see how incredibly slow the action has been to address even these fundamental issues of proc..."

"There is tremendous concern about the possibility of the QRM and a 20-percent down payment requirement..."

"I have had a lot of conversations with people on the ground who have worked with families..."

"We have now, thankfully, outlawed the undocumented loans."