I continue to hear concerns that the Qualified Mortgage rule discriminates against small lenders, minimizes consumer choice in lending, restricts access to credit, and makes providing credit much more costly.
Fitzpatrick highlights issues small lenders face due to the Qualified Mortgage rule.
Share & report
More from Michael Fitzpatrick
It is my hope, Mr. Chairman, that we can come together to understand what the FDIC's involvement was in these practices and create a bipartisan solution to ensure that this never happens again.
Last week, Mr. Cordray, this committee passed out to the House Floor a bill that I sponsored called the Bureau Research Transparency Act.
I appreciate that, you know, you have indicated, you know, to this committee and members of Congress that your door's open and you want transparency.
Are we doing enough at Treasury, the United States, our intelligence agencies, to determine who the middlemen are that are purchasing oil at $30 a barrel?
Other voices in this conversation
