Political Quotes

Jeff Merkley: “Would it be appropriate to back up what the market has done with a specific ban on teaser rates and prepayment…”

On the recordMarch 2, 2009
Would it be appropriate to back up what the market has done with a specific ban on teaser rates and prepayment penalties?
Said by
Jeff Merkley
Democratic · Oregon

Editor's note · Context

Merkley questions the need for a federal ban on problematic mortgage practices.

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