Russ Feingold actually said...

One thing that I think is not well understood is that because of the complex structure of these securitized mortgages that are at the root of the financial calamity the Nation finds itself in, voluntary programs to readjust mortgages may simply be doomed to failure.

Context

Feingold highlights the challenges of mortgage adjustments due to complex securitized mortgages.

11/18/2008

https://www.congress.gov...

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