Grijalva Joins Rep. Waters, 51 Other Democratic Members in Expressing Concerns With Implementation of Federal Housing Programs

Washington, D.C. – May 30, 2012 – (RealEstateRama) — Rep. Raúl M. Grijalva has joined Rep. Maxine Waters (D-Calif.) and 51 other Members of Congress in urging Treasury Secretary Tim Geithner and the nation’s top housing official to improve federal assistance to homeowners. Grijalva, Waters and their colleagues sent a letter to Geithner and Edward DeMarco, the acting director of the Federal Housing Finance Agency, arguing that the Hardest Hit Fund and the newest iteration of the Home Affordable Refinance Program “are falling well short of their goals of assisting homeowners.