A Project of The Annenberg Public Policy Center

Satire Alert: Dodd’s ‘Quote’ on Mortgages

Q: Did Sen. Dodd of Connecticut really say that requiring homebuyers to make a 5 percent down payment "would restrict home ownership to only those who can afford it"?
A: No. This quote was made up by satirist John Semmens, who regularly writes a blog called Semi-News — A Satirical Look at Recent News.