I want to thank the Attorney General for working with the Banking Department to make sure that Anvil's doors will be permanently shut in New York State. We have a very rigorous examination process for licensed mortgage companies to operate in New York State and we also have the capability to criminally investigate and help prosecute those who violate New York law.
Today is a victory for consumers.
As we face challenges in the future, we must also focus on new opportunities. Opportunities to help more people realize the American dream of owning a home, opportunities to help more people learn how to make informed decisions, to use credit wisely, to avoid predators, or to successfully manage debt. America is a place where opportunities mean that dreams and ideas can become a reality. I am here today to say that financial freedom from predators should be a reality for everyone. We are committed to making it so.