So Mr. Green, would it be advisable to us for us to consider a carveout from Dodd-Frank for smaller-sized mortgages that provide a lesser regulatory burden and therefore a greater financial incentive for financial institutions to lend below the $100,000 level?
Lummis suggests easing Dodd-Frank regulations for smaller mortgages to encourage lending.
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More from Cynthia M. Lummis
Well, housing for workers, especially in resort communities, it is an extreme challenge.
So now is the time to think creatively about how to help families purchase their first home.
The problems that you are solving with your approaches are extremely important.
this hearing has just been really enlightening, and I am really grateful to you for holding it.
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