Political Quotes

“I am trying to help us to get to a time constraint and, unfortunately, on either side we don't have a lot of speakers. Therefore, I would not ordinarily have done anything other than include in the Record Statements of Administration Policy. But to try to help us meet our deadline, what is said in the Statement of Administration Policy, H.R. 1210, Portfolio Lending and Mortgage Access Act, is: ``As a result of the Ability-to-Repay rules issued by the Consumer Financial Protection Bureau, pursuant to the Truth in Lending Act, American consumers are protected against harmful mortgage products and abusive lending practices that were common in the run-up to the 2008 financial crisis. Among other protections, the Consumer Financial Protection Bureau's qualified mortgage rule requires a lender to make a good faith effort to determine that a borrower has the ability to repay a mortgage, and that the loan does not include excessive upfront points and fees.…”