Detailed text transcripts for TV channel - MSNBC - 20121004:05:57:00
And if you give a mortgage that's not qualified, there are big penalties. except they didn't ever go on to define what a qualified mortgage was. it's been two years. we don't know what a qualified mortgage is yet. so banks are reluctant to make loans, mortgages. try and get a mortgage these days. it's hurt the housing market, because dodd frank didn't anticipate putting in place the kinds of regulations you have to have. it's not the dodd frank was always wrong with too much regulation. sometimes they didn't come out with a clear regulation. i will make sure we don't hurt the functioning of ou...
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