03/09/2016
https://www.congress.gov...
"Thank you for your willingness to serve, Mr. Cordray, in a very difficult time and in a very challenging office."
"We have collectively for generations, both Republicans and Democrats and everyone else has said putting people in homes is key to America."
"the 30-year mortgage would be less available. Mortgage credit would be less available, and the credit availability that you would be able to access would be at a significantly higher price."
"there is a lot of capital going into this market because of the way it is structured, the guarantee, the credit risk aspects."