A group of 45 members of the U.S. House of Representatives came together today to sign a letter urging president Obama to appoint a permanent leader of the Federal Housing Finance Agency who will make aiding distressed homeowners a priority, according to the Huffington Post. Led by Maryland’s Elijah Cummings (D) and Massachusetts’ John Tierney (D), the lawmakers asked the president to replace current acting director Edward DeMarco with someone who will consider a loan principal reduction program that would help underwater homeowners. The signatories emphasized that [more]![]()
↧