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Corker Applauds FHFA Decision Not to Encourage Underwater Borrowers to Default on Home Mortgages

WASHINGTON, DC - August 1, 2012 - (RealEstateRama) -- U.S. Senator Bob Corker, R-Tenn., a member of the Banking, Housing and Urban Affairs Committee, made the following statement today in response to a decision by Federal Housing Finance Agency Acting ...

Corker: Government Should Not Encourage Homeowners to Default

NASHVILLE - April 11, 2012 - (RealEstateRama) -- U.S. Senator Bob Corker, a member of the Senate Banking, Housing and Urban Affairs Committee, today wrote to Ed DeMarco, acting director of the Federal Housing Finance Agency, urging him to avoid encouraging irresponsible behavior on the part of American homeowners.

Recent Gov & Nonprofit Real Estate Press Releases

Gooden Seeks Transparency in Kaufman County Housing Policies

Congressman Lance Gooden sent a letter to the Dallas Housing Authority requesting answers and greater transparency regarding housing placement trends and neighborhood concentration concerns in Kaufman County. The letter responds to concerns raised by homeowners in the Gateway Parks subdivision in Forney about Housing Choice Vouchers and federal housing policies contributing to increased institutional investor ownership and neighborhood instability