JOHNSON STATEMENT ON HOUSING FINANCE REPORT

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WASHINGTON, DC – February 11, 2011 – (RealEstateRama) — Today, Senate Banking Committee Chairman Tim Johnson (D-SD) issued the following statement on the housing finance report released by the Treasury Department and the Department of Housing and Urban Development.

“Maintaining a functioning housing finance system is an important part of the continuing economic recovery and one of my top priorities. I welcome the Administration’s white paper which adds valuable insight to the ongoing conversation.”

“I am reviewing the new report, and look forward to working with my colleagues and the White House to find bipartisan consensus around sound policy solutions that protect homeowners, investors, renters and the American taxpayers.”

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