Items Tagged with 'Maxine Waters'

ARTICLES

  • Waters and 18 legislators demand Federal Reserve continue to regulate megabanks

    Ranking Member and Congressmen, D-Colo. Ed Perlmutter helps lead the charge
    This week, members of Congress demanded the Federal Reserve maintain strong capital requirements for Global Systemically Important Banks. Ranking Member of the House Committee on Financial Services Maxine Waters, D-Calif., and Ranking Member of the House Committee on Financial Services Subcommittee on Terrorism and Illicit Finance Ed Perlmutter, D-Colo., led the charge.
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  • Waters and 61 legislators demand Congress keeps NFIP active

    Reps. Beto O’Rourke, Eleanor Norton and Gregory Meeks back Waters
    Ranking Member of the House Committee on Financial Services Maxine Waters, D-Calif., and 61 members of Congress are demanding a long-term reauthorization of the National Flood Insurance Program. Waters, a prominent critic of H.R. 2874, believes American families are not financially prepared for the growing threat of natural disasters.
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  • Top housing trade groups urge Congress to extend National Flood Insurance Program

    NAR, NAHB, ABA, U.S. Chamber of Commerce, and others up in arms
    This week, more than 20 of the top housing trade groups urged Congress to extend the National Flood Insurance Program. In a letter sent to Congressional leadership on both sides of the aisle, the organizations warn Congress that failure to reauthorize the program by July 31 will jeopardize an estimated total of 40,000 American homes.
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  • Hensarling: HUD has failed far too many for far too long

    Congress debates effectiveness of HUD policies
    Wednesday morning HUD Secretary Ben Carson appeared before the House Committee on Financial Services. During the hearing, House Financial Services Committee Chairman Rep. Jeb Hensarling stated that it’s hard not to conclude that HUD has failed far too many for far too long.
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  • Waters introduces bill to increase FHFA foreclosure oversight

    Seeks to increase oversight of Fannie, Freddie loans
    Ranking Member of the House Committee on Financial Services Maxine Waters, D-Calif., introduced a new bill that would increase oversight for mortgage servicers who work with Fannie Mae and Freddie Mac. Waters explained borrowers can’t choose their servicer so it’s especially important that Congress provide strong protections to prevent servicers from taking advantage of borrowers and to protect borrowers from foreclosure.
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  • Waters introduces legislation to prevent FHA foreclosures

    Bill would strengthen FHA mortgage servicer requirements
    In an attempt to prevent foreclosures on the Federal Housing Administration’s borrowers, Democrats introduced a new bill in Congress. Democrats explained the new legislation would strengthen the requirements for and increase oversight of FHA mortgage servicers.
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  • Democrats call for increased funding for federal housing programs

    Call for forgiveness of national flood insurance programs
    Ranking Member of the House Financial Services Committee Maxine Waters, D-Calif., joined by the support of other Democratic members of Congress, sent several letters to congressional appropriators highlighting the importance of federal housing programs. The letters encouraged an increase in funding for certain housing programs and even debt forgiveness for the National Flood Insurance Program.
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