Senator Kirsten Gillibrand (D-NY)
3rd-term Democrat from New York.
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All messages are published with permission of the sender. The general topic of this message is Business/Commerce:
More deregulated no-downpayment housing loans?

Rep. Chris Collins
Sen. Charles Schumer
Sen. Kirsten Gillibrand

May 9, 2013

A friend of my wife who lives in Florida said people there are able to get home loans without a down payment. Isn't this what caused the last collapse? Banks should not be allowed to do this.

Orchard Park , NY