Political Quotes

Jack Reed: “But excuse me. Countrywide was being forced to write terrible loans even as their market share grew much more…”

On the recordMarch 18, 2013
But excuse me. Countrywide was being forced to write terrible loans even as their market share grew much more dramatically than Fannie Mae because of the affordable housing goals.
Said by
Jack Reed
Democratic · Rhode Island

Editor's note · Context

Reed highlights the pressures on Countrywide to issue poor loans due to housing goals.

Share

More from Jack Reed

Aug 29, 2026

When he unilaterally launched this war, Trump promised he would destroy Iran's nuclear program, eliminate its missile and drone arsenal, dismantle its defense industrial base, wipe out its proxy networks, and topple the regime in a matter…

cbsnews.com
Sep 1, 2026

President Trump’s effort to turn the U.S. military into an investor in Venezuelan oil is a blatant abuse of power and taxpayer dollars.

dailycaller.com
Aug 29, 2026

The President has waged this war without public support or congressional consent, and it is far past time for accountability.

cbsnews.com
Sep 2, 2026

A blatant abuse of power and taxpayer dollars.

cbsnews.com

Other voices in this conversation