No he wasn't - he said "the vast majority" and also referred to the '"so called recesssion", before adding "because anybody, most people with a mortgage who were paying a lot of money each month, suddenly started paying very little each month" - the average reduction over the last 2 years has been just over £100 per month, from £4792 pa to £3466, according to Sainsbury's, ( http://www.everyinvestor.co.uk/personal-finance/mortgages/cost-of-running-average-home-falls-14pc-to--8-059- ), hardly equates to 'paying very little'.
And as for " I don't remember in 07 being short of money", he wouldn't, he's a multi-millionaire.