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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.

May 3, 2012 Press Release

Today, Congresswoman Maxine Waters along with Rushmore Cervantes, Interim General Manager, Los Angeles Housing Department; Timothy Watkins, CEO, Watts Labor Community Action Committee; and  Charles Quarles, President, Bedford Group joined Shaun Donovan, the Secretary of Housing and Urban Development (HUD) during his visit to Los Angeles for a tour of several properties that have benefited from the Neighborhood Stabilization Program (NSP) in South Los Angeles. Congresswoman Waters statement about Secretary Donovan's visit is below:

February 9, 2012 Press Release

Today, Housing and Urban Development Secretary Shaun Donovan and Attorney General Eric Holder announced an historic settlement between 49 state attorneys general and 5 major mortgage servicers regarding allegations of servicing and foreclosure fraud.

Today marks an important milestone in a struggle many of us have been engaged in for the last 5 years:  the fight to bring justice to millions of American homeowners and accountability to our nation's mortgage servicers.

February 1, 2012 Press Release

Today, Rep. Waters released the following statement in response to President Obama's plan to help responsible homeowners and heal the housing mark. 

February 1, 2012 Press Release

Today, Rep. Waters introduced H.R. 3841, the Principal Reduction Act of 2012, which would require Fannie Mae and Freddie Mac to reduce principal on loans that they own or guarantee. She was joined by eight Members of Congress in support of this much needed legislation to stabilize the housing market.

November 22, 2011 Press Release

On November 18, 2011, Rep. Maxine Waters (CA-35) introduced a key component of President Obama's American Jobs Act—Project Rebuild. She was joined by 17 other Democratic Members as sponsors of H.R. 3502, the "Project Rebuild Act of 2011." Project Rebuild builds upon the success of the Neighborhood Stabilization Program (NSP), which Rep. Waters authored in 2008 and for which she has secured $7 billion in funding.

November 17, 2011 In The News

Below is an the opinion piece by Congresswoman Waters that was posted to her Huffington Post blog page. She authored this piece in response to the recent LA Times op-ed on multi-state settlement:

California Deserves a Better Deal

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