On the recordMay 16, 2003
If we ever did allow rural America to shrivel up and blow away, we would pay a very significant price for that.
If we ever did allow rural America to shrivel up and blow away, we would pay a very significant price for that.
Discussing the importance of maintaining rural America.
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I can understand the impulse for a moratorium. I am not at all sure that a blanket moratorium as broad as this one will produce any higher degree of safety than a more targeted kind of thing.
We do not make money when we foreclose on customers. It is in our best interest to figure out ways to make loans perform again.
I think the outcry would be very, very strong. There is a huge conflict of interest here, and such an individual should not be included.
We will not only lose the industry, we will lose the skills that go with it.