Political Quotes

Bernie Sanders: “What I am saying is that the guarantee in the 30-year fixed, the low downpayment mortgages, when you combine that all…”

On the recordOctober 19, 2011
What I am saying is that the guarantee in the 30-year fixed, the low downpayment mortgages, when you combine that all into a ball, what we have done is we have really encouraged households to take on more risk than they ordinarily would have.
Said by
Bernie Sanders
Independent · Vermont

Editor's note · Context

Sanders discusses the risks associated with 30-year fixed mortgages and low downpayments.

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