hepparently was not aware that my north carolina coli, brad ller, d i started to believe some years ago that the housing and mortgage lending markets were headed for a meltdown. it was 2004 when we first introduced our first anti predatory ing bill to counteract growing problem of high cost lending. in each term of congress since 2004, we have reintroduced our bill. the hous passed some version of our bill on at lea two occasions in an effort to make the mortgage process simpler, faer, and more transpaaent, and align incentives on behalf of borrowers. aot of the provisions of our original predatory lending will are included in the health reform bill, andome of these provisions are included in the senate bill. the coerence should commit to final legislaon that makes it clear that predatory lending will not be tolerated and that pon. citizens who aspire to achieve the american dream of home ownership must not be duped and preyed upon. second rarding transparency, it is clear that there is -- there needs to be much more sunshine and transparency in the derivatives market. the idea that mos

he apparently was not aware that my north carolina coli, brad miller, and i started to believe some years ago that the housing and mortgage lending markets were headed for a meltdown. it was 2004 when we first introduced our first anti predatory lending bill to counteract growing problem of high cost lending. in each term of congress since 2004, we have reintroduced our bill. the house passed some version of our bill on at least two occasions in an effort to make the mortgage process simpler, fairer, and more transpaaent, and to align incentives on behalf of borrowers. a lot of the provisions of our original predatory lending will are included in the health reform bill, and some of these provisions are included in the senate bill. the conference should commit to final legislation that makes it clear that predatory lending will not be tolerated and that pon. citizens who aspire to achieve the american dream of home ownership must not be duped and preyed upon. second, regarding transparency, it is clear that there is -- there needs to be much more sunshine and transparency in the derivative