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Video archive of the US Congress

House Proceeding 03-04-09 on Mar 4th, 2009 :: 0:11:05 to 0:12:15
Total video length: 1 hours 41 minutes Stream Tools: Stream Overview | Edit Time

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Lois Capps

0:11:02 to 0:11:22( Edit History Discussion )

Lois Capps: track by helping to work with small businesses. that's the legacy that we w to leave our children and grandchildren. the speaker pro tempore: the gentleman yields back the balance of his time. for what purpose does the gentlelady from california rise? >> taddress the house for one minute. the without objection, so ordered. mrs. capps: mr. speaker, by now we all know what a central role

Lois Capps

0:11:05 to 0:12:15( Edit History Discussion )
Speech By: Lois Capps

Lois Capps

0:11:23 to 0:11:43( Edit History Discussion )

Lois Capps: the housing market crisis has played in our economic troubles. the housing meltdown is devastating for families and communities, particularly for innocent families who have lived within their means and paid their mortgages on time. through no fault of their own their home values are eroding and their life savings are threatening. that's why we must pass the helping families save their homes act.

Lois Capps

0:11:44 to 0:12:04( Edit History Discussion )

Lois Capps: it restores fairness to the bankruptcy system. current law allows loan modifications for vacation homes and yachts yet prohibits them for primary rest kenses -- residences. it also fixes the home for homeowners program to increase our mortgage modifications and reduce foreclosures. it's not about bailing out lenders or borrowers who made a

Lois Capps

0:12:05 to 0:12:16( Edit History Discussion )

Lois Capps: responsible decision, it's rather finding fair and effective solutions to stabilizing the housing crisis, stabilizing the market. mr. speaker, this legislation is also need to get our

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