Political Quotes

“I am very sorry that Congresswoman Maloney's amendment was subject to a point of order. I would like to simply add that you need to put faces on what this legislation is doing. It is a simple act. It guts and eliminates all remaining funding. It does say that if you are in the midst of the program you might continue. But everyone knows how solid FHA is. Whenever you hear FHA, you know that there is a framework that really provides for protection for the Federal Government and a fiscally responsible program that provides the Federal Government with protection for those who are able to utilize it. But even traveling through airports, Mr. Chairman, I had a man with a family who indicated that in the midst of the holiday season, even though he had been told by the banking institution that his mortgage was intact, they would allow him to continue to pay, he was keeping up but having difficulty looking for modification, a few days into the new year, January 6, he was foreclosed on, and a few days later, or at least on that day foreclosed with a sign or a notice on his door, ``Vacate in 3 days.'' These are the faces of individuals who probably would have fared better under FHA. At the same time, a law enforcement, a police officer came to me and said the very same thing, naming an institution that I had never heard of, had no national standing, some fly-by-night.…”