Political Quotes

Russ Feingold: One thing that I think is not well understood is that because of the complex structure of these securitized mortgages…

On the recordNovember 18, 2008
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.
Said by
Russ Feingold
Democratic · Wisconsin

Editor's note · Context

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

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