I think just this short conversation shows how important this set of issues is in order to taking and restoring a healthy mortgage market, which is essential to working families be...
I want to thank you all for the work you are doing and I am out of time.
Yes. It is kind of the beginning of a much more in-depth conversation. Thank you.
I certainly echo the thoughts of my colleague from Rhode Island that it has been extremely disappointing to see how incredibly slow the acti...
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.
You would be hard pressed to find a single family that bought their first house with a 20 percent down payment.
We have been cheerleading for a year and a half and seeing virtually no results on the ground.
The lesson was you do not allow kickbacks to loan originators. You do not allow undocumented loans.
I want to praise my colleagues. Senator Snowe has been very involved and is the chief cosponsor of our bill for a National Energy Security C...