Jack Reed actually said...

it is a lot smarter for a bank to keep someone in their home paying rent and maybe even have a principal kicker at the end than to foreclose.

Reed argues for the benefits of keeping homeowners in their homes over foreclosure.

02/08/2012

More Jack Reed Quotes

there's been an unprecedented investment in weatherization in the Recovery Act.

we're ramping up this capacity of weatherization. We're getting people out there, particularly in the context of recovery, those are good jo...

It is an arrow that is still in the quiver, a much more explicit response to REMICs.

Thank you very much, Senator Akaka.