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Transcripts For CSPAN C-SPAN Weekend 20101122

transferred the profound implications for investors as the mortgage-backed securities they believe the purchase would in fact be a mom mortgage-backed securities. if so, title most properties in the united states would be clouded and they would also be liability billould greatly exceed the capitol of the major u.s. banks. but that claims underscore the conflict of interest between mortgage servicers and investors. servicers are sponsible for prosecuting violations of representaon and warranties made to investors and securitization deals. servicers bring such actions however not least because there would often be bringing them against their own affliates. the countrywide home mortgage servicing would be bringing those claims against countrywide is self. i m guessing that many of you received this morning a copy of the american securitization white paper on a residential mortgage backed securities transfer. it s a good document. and i gree with most of the legal analysis as far

Transcripts For CSPAN2 Tonight From Washington 20101118

that again is one of these i would ask unanimous consent, mr. president, that a copy of this be entered into the record. without objection, ordered. so i hope at the end of the day that the amendments will be allowed, that we can come up with a bill that is a positive bill and closes these gaps we have in the food safety inspection problem in this country. we have worked very hard on a provision that is included in the base bill that will improve the inspection process and make it easier and give more authority, and more importantly more teeth to the folks charged with doing the inspection, and if that is the case, we can get the right amendments done, and perhaps at the end of the day we can get a true bipartisan bill passed and we can all feel good about supporting it. with that, mr. president, i would yield the floor. in a few moments the head of medicare and medicaid says repealing the new health care law would be a mistake. in a little less than an hour an after

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