CSPAN Future Of Hospitals November 10, 2013
Mortgages. That is going on today . The deadline is tomorrow. In the legislation, we band the bad kind of mortgages. They said i was keeping poor people from buying houses in subprime was fine. That is exactly right. You can read it. Es copies for everybody. Secondly, to the great bulk of mortgages, they were qualified mortgages. Those mortgages, you would be able to secure them, but we asked for Risk Retention. Five percent of the risk would have to be retained. That would incentivize them not to provide junk. Because of senators, democrats, listening to people in the mortgage industry, would...