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CSPAN2 Key Capitol Hill Hearings February 3, 2015

Ms. Waters. After 2007, i think that overleveraged issue sort of prove the point. And looking at the headlines the headlines read government keeps pushing mortgage guarantees as risk index rises. Heres another headline. Fhfa orders of gses to start supporting Affordable Housing trust fund. Surprisingly the year is not 2005. Its 2015. And so we find the fha today engaged in this race with fannie and freddie to see who can more swiftly cracked up the private sector, who cant assume more risk on behalf of the american taxpayer. I would just point out this is kind of a frightening race because in my view we have seen it before. The fhfa has joined sort of a moral hazard problem here. And in december you announced the gses should begin to put more money into the coffers of Housing Advocacy groups through the Housing Trust
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CSPAN Key Capitol Hill Hearings February 4, 2014

The speaker pro tempore on this vote, the yeas are 234, the nays are 185, the resolution is adopted. Without objection, the motion to reconsider is laid on the table. The speaker pro tempore for what purpose does the gentleman from washington seek recognition . Mr. Hastings i ask unanimous consent that all members may have five legislative days in which to revise and extend their remarks and include extraneous material on h. R. 3590. The speaker pro tempore without objection. Pursuant to House Resolution 470 and rule 18, the chair declares the committee of the whole house on the state of the union for consideration of h. R. 3590. The chair appoints the gentleman from florida, mr. Nugent, to preside over the committee of the whole. The chair will the house come o order. The house of the committee of the whole house on the state of the union for consideration of h. R. 3590, which the clerk will report by title. The clerk a bill to ....

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