House Proceeding 05-07-09 on May 7th, 2009 :: 1:32:15 to 1:33:55
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1:32:01 to 1:32:21( Edit History Discussion )

Jerry McNerney: amendment number 8, printed in house report number for what purpose does the gentleman from california rise? mr. mcnerney: i he an the chair: the clerk will designate the amendment. the clerk: amendment number 8, printed in house report number 111-98, offered by mr. mcnortheasterny of california. the chair: pursuant to house

1:32:15 to 1:33:55( Edit History Discussion )
Speech By: Jerry McNerney

1:32:22 to 1:32:42( Edit History Discussion )

Jerry McNerney: resolution 476, the gentleman from california, mr. mcnerney, and a member opposed each will the chair recognizes the gentleman from california. mr. mcnerney: thank you, mr. chairman. i yield myself such time as i may consume. the chair: the gentleman is recognized. mr. mcnerney: i'm proud to offer this amendment to the mortgage reform and anti-predatory lending act. this important bill will crack down on many of the most common

1:32:43 to 1:33:03( Edit History Discussion )

Jerry McNerney: predatory lending practices that have contributed to the housing crisis. h.r. 1728 also includes essential provisions to establish an office of housing counseling to provide consumers with the information they need to make informed mortgage decisions. i'm proud to represent the city

1:33:04 to 1:33:24( Edit History Discussion )

Jerry McNerney: of stockton, california, a city that unfortunately suffers from the -- one of the nation's highest foreclosure rates. back home i hosted several foreclosure assistance workshops where mortgage countors approved by the department of housing and urban development provided unbiased advice to struggling homeowners.

1:33:25 to 1:33:45( Edit History Discussion )

Jerry McNerney: i have seen firsthand how effective counseling -- how effective these counselors are. but counseling resources remain very stretched. the amendment i offer today simply helps counseling agencies serving areas with high rates of foreclosures to get their fair share of grant funding. i'm proud to support the bill we

1:33:46 to 1:33:56( Edit History Discussion )

Jerry McNerney: are considering today and i would ask all of my colleagues to join me in making sure that the areas most hard hit by the housing cris receive the