![]() He is also known for his work on the 2008 American Housing Rescue and Foreclosure Prevention Act. So those of us on our committee will continue to push for home ownership. Congressman to voluntarily announce his homosexuality. Disclaimer: This information is accurate for the time period that this person was affiliated with the Institute of. Homes that are occupied may see ebb and flow of price at a certain percentage level, but you're not going to see the collapse that you see when people talk about a bubble. Photographer: Al Drago/Bloomberg By Max Reyes Maat 9:32 AM EDT Listen 2:04 It was a seemingly unthinkable scene: Barney Frank, co-author of. People building fiber optic cable for which there was no need. This is not the dotcom situation, where you had problems when people invested in a business plan where there was no reality. Homes, where there is not the degree of leverage that we've seen elsewhere. Unlike previous examples we have had, where substantial excessive inflation of prices later caused some problems, we are talking here about an entity, home ownership. But those who argue now that housing prices are now at the point of a bubble seem to me to be missing a very important point. Obviously, speculation is never a good thing. Because we have, I think, an excessive degree of concern right now about home ownership and its role in the economy. House Committee on Financial Services from 2007 to 2011 and co-sponsored the Dodd-Frank Wall Street Reform and Consumer Protection Act in the wake of the. This is a very important resolution, particularly at this time. Prior to that he served in the Massachusetts House of Representatives. ![]() Personal Loans for 670 Credit Score or LowerĬompare that to what he said back in 2005: Barney Frank (born March 31, 1940), a Boston-liberal American Democratic politician, is a former multi-term Representative from Massachusetts, representing districts in Boston from 1981 to 2013. Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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