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Jack Reed actually said...

The President's report on housing finance said that any rational housing reform is going to lead to a higher cost of mortgage credit.

Context

Reed discusses the implications of housing reform on mortgage credit costs.

03/28/2011

https://www.congress.gov...

More Jack Reed Quotes

We have collectively for generations, both Republicans and Democrats and everyone else has said putting people in homes is key to America.
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So one of the aspects of creating this new--and we all understand this is not going to happen next year, this is a phased adaptation going f...
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there is a lot of capital going into this market because of the way it is structured, the guarantee, the credit risk aspects.
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the 30-year mortgage would be less available. Mortgage credit would be less available, and the credit availability that you would be able to...
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View All Jack Reed Quotes

Jack Francis Reed
in office

usa, Rhode Island

3,124 Quotes

Born11/12/1949 (age 75)

PartyDemocratic

  • United States Senator

    1/7/1997 - present
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