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Scott Turner: “Community banks and community lenders, they really provided…”

Featuring: Scott Turner, Republican | Secretary of Housing and Urban Development | National

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HUD Secretary Scott Turner on cutting energy regulations for new construction

Published | Video Starts at 03:17

The president signed in two new executive orders to bring down regulatory environment on construction, new affordable home and also to increase the competition in the mortgage industry to bring back the hometown lender. Yep. The community bank, which I believe for years historically Community banks and community lenders, they really provided stability in the community in particularly for first time homebuyers and low to moderate income. You know it's funny you say that like when this industry over the last decade has talked a lot about digital mortgages and everyone thought the first time millennial home … (03:17–03:28)

CLAIM

Asserts that community banks provide stability, especially for first-time and low to moderate-income homebuyers.

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