On the recordMay 8, 2012
I totally support the efforts of this amendment to increase the resources we've put into mortgage fraud. And I've written to the Attorney General on this, and we have about $11 million, I think, appropriated in the bill in this regard. We need to find more. I'm opposed to these offsets, and the idea that they won't do damage to NASA programs, I think, is wrong. It's easy to go after NASA. I think that there's broad agreement, however, that the mortgage fraud that took place, as evidenced by the settlement that Attorney General Holder and attorney generals from dozens and dozens of States brought together with the largest banks that are helping to redress some of these problems. So we need to do more. We'll work together to try to find that. I am opposed to this amendment, as written. I yield back the balance of my time. The Acting CHAIR. The question is on the amendment offered by the gentlewoman from California (Ms. Waters). The amendment was rejected. Amendment Offered by Mr. Runyan
