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Video archive of the US Congress

House Proceeding 05-07-09 on May 7th, 2009 :: 2:01:45 to 2:02:30
Total video length: 2 hours 19 minutes Stream Tools: Stream Overview | Edit Time

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Randy Neugebauer

2:01:45 to 2:02:05( Edit History Discussion )

Randy Neugebauer: somehow adding more forms doesn't sound simpler to me and basically that's what we are doin in the underlying legislation, we are working together for simple uniform form. by the way what would happen in that case is as the lender is talking about different products, they wouldave that simplified one-page for this product and that

Randy Neugebauer

2:01:45 to 2:02:30( Edit History Discussion )
Speech By: Randy Neugebauer

Randy Neugebauer

2:02:06 to 2:02:26( Edit History Discussion )

Randy Neugebauer: product, and then it's up to the consumer to be able to say i'm going to look through this information and make a determination. what's going to happen is, if the gentleman would like to answer this question, do you believe that a lender that maybe has 15 or 20 products available to him for an individual borrower is going to display

Randy Neugebauer

2:02:27 to 2:02:30( Edit History Discussion )

Randy Neugebauer: or 20 products to yoif he's going to have too a spread

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