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Congresswoman Maxine Waters

Representing the 43rd District of California


More on Housing

March 14, 2013 Press Release
Today Congresswoman Maxine Waters, Ranking Member of the House Committee on Financial Services, reintroduced the FHA Emergency Fiscal Solvency Act. The legislation, co-sponsored by Representative Michael E. Capuano, Ranking Member of the Subcommittee on Housing and Insurance, is designed to strengthen FHA and to help ensure its long-term solvency.

In recent years, the agency has stepped into the void, providing crucial liquidity as private firms have retreated from writing mortgage insurance policies, particularly for key groups such as first time homebuyers.

February 19, 2013 In The News
Congresswoman Waters recently participated in a "Political Q&A" conducted by Herald Publications. The Congresswoman's response appeared in the February 14th edition of all Herald Publication newspapers, including the El Segundo Herald, Hawthorne Press Tribune, the Inglewood Sun, the Manhattan Beach Sun and the Torrance Tribune.

Responding to a prompt asking what she is most optimistic about heading into the New Year, the Congresswoman replied:
February 5, 2013 In The News

The top Democrat on the House Financial Services Committee called Tuesday for Congress to "immediately" hold a hearing to investigate a controversial $8.5 billion foreclosure abuse settlement reached this year.

December 4, 2012 Press Release

Congresswoman Maxine Waters (D-CA) was unanimously elected Ranking Member of the House Financial Services Committee today by the House Democratic Caucus. Following the election, Congresswoman Waters released the following statement:

November 16, 2012 Press Release

Congresswoman Maxine Waters (CA-35) released the following statement in response to the Federal Housing Administration's annual financial status report issued to Congress today:

October 15, 2012 In The News
Maxine Waters and big banks are rarely on the same page.
But as the California congresswoman prepares to become the top Democrat on the House Financial Services panel, she is engaging in an aggressive outreach effort with some of the very institutions that she has heavily criticized for their role in the financial crisis and recent home foreclosure scandals.
From organizing industry roundtables to one-on-one meetings with Wells Fargo's CEO to holding fundraisers targeting banking donors, Waters is opening the door to big banks and Wall Street.
October 9, 2012 Opinion Piece
Congresswoman Maxine Waters (D-Calif.) authored the following opinion editorial for the Huffington Post:

October 9, 2012 Opinion Piece

Congresswoman Maxine Waters (D-Calif.) authored the following opinion editorial for the Huffington Post:

September 12, 2012 Press Release
Yesterday, Congresswoman Maxine Waters held a bipartisan panel discussion on the nation's ongoing housing crisis and whether the use of eminent domain to seize underwater mortgages is a feasible alternative to provide struggling homeowners with relief. The event was the third in a series of panels Rep. Waters launched this summer to discuss current topics in financial regulation. To open the panel discussion, Rep. Waters delivered the following remarks:
May 29, 2012 Press Release

Rep. Maxine Waters sent the letter below to Treasury Secretary Timothy Geithner and Federal Housing Finance Agency (FHFA) Acting Director Edward DeMarco on implementation of the Hardest Hit Fund (HHF) and the latest version of the Home Affordable Refinance Program (HARP 2.0). The letter is sent in response to a recent report by the Special Inspector General for the Troubled Asset Relief Program, which found that HHF, which was funded at $7.6 billion, has only spent 3 percent of its funding.