Well, here's the fundamental byproduct of it. Your neighbor A, your neighbor B, you've stopped paying on your mortgage. Now a year and a half goes by, you're still in your home because They've put up restrictions against foreclosure. You're struggling to pay on your mortgage. Now all of a sudden President Obama says, we're going to try to reduce your principal. You look at that and go, man, I must be the fool. (15:49–15:52)
CLAIM
Asserts that restrictions were placed against foreclosure during the housing crisis.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
