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Congresswoman Maxine Waters

Representing the 43rd District of California

Housing

More on Housing

April 5, 2011 Committee Remark
Ranking Member Maxine Waters (D-Calif.) delivered the following opening remarks:

"Mr. Chairman, I'd like to thank you for convening this mark-up this morning, and for this Subcommittee's continued attention to the state of the Government Sponsored Enterprises (GSEs).

April 4, 2011 In The News

By Lorraine Woellert

The National Association of Homebuilders and the National Association of Realtors asked House Republicans to delay a vote on a package of bills to reduce the dominance of Fannie Mae and Freddie Mac.

March 31, 2011 Committee Remark

Thank you, Mr. Chairman, for organizing this hearing.

This is now our third hearing on GSE reform during the 112th Congress.  As I have stated at those previous hearings, I am committed to working with my colleagues on a practical, comprehensive reform proposal to reshape our housing finance system. 

March 30, 2011 In The News

By Alan Zibel and Jeffrey Sparshott

The U.S. House voted Tuesday to end the Obama administration's main effort to assist troubled homeowners, with Republican lawmakers arguing that the program has failed to ease the foreclosure crisis.

The attempt to shut down the administration's flagship foreclosure-prevention effort, the Home Affordable Modification Program, or HAMP, is the last of four Republican attempts to shut down Obama administration efforts to prevent foreclosures or stabilize troubled neighborhoods.

March 30, 2011 In The News

by Meredith Shiner

The House Tuesday voted to eliminate the last of four Obama administration housing programs, in an effectively symbolic vote to end the controversial Home Affordable Modification Program.

March 30, 2011 In The News

by Alan Fram

House Republicans pushed through legislation Tuesday to terminate an underachieving Obama administration program designed to reduce mortgage payments for homeowners in danger of losing their homes to foreclosure.

Most Democrats, while acknowledging that the Home Affordable Modification Program has fallen short of original goals, protested the vote to kill it. The White House, in a statement, said that if the bill ever reaches President Barack Obama's desk, his senior advisers would recommend he veto it. The vote was 252-170.

March 28, 2011 In The News

by Peter Schroeder

A coalition of 50 House Democrats are calling on the Obama administration to overhaul one of its key housing relief programs, as Republicans are pushing to eliminate it.

In a letter sent Monday to Treasury Secretary Timothy Geithner, the lawmakers, led by Rep. Maxine Waters (D-Calif.), say the Home Affordable Modification Program (HAMP) has been "disappointing" and is in need of major improvements.

March 26, 2011 Press Release

Congresswoman Maxine Waters (D-Calif.) and the African American Members of the House Financial Services Committee (known as the FS 10) were recently honored by the Black Press of America and the National Newspaper Publishers Association Foundation (NNPAF) with the 2011 Political Leadership Award for their work during negotiations for the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. The Congresswoman and Congressman William Lacy Clay, Jr. accepted the award on behalf of the FS 10 at an event last week at a Newsmaker Dinner and Gala at the Omni Shoreham Hotel.

March 22, 2011 Press Release

Congresswoman Maxine Waters (D-Calif.), a senior member of the Financial Services Committee and a top congressional advocate for affordable housing, reintroduced H.R. 1209, The Section 8 Voucher Reform Act (SEVRA), late last week. The bill would reform the Section 8 Housing Choice Voucher Program, which provides rental housing assistance to 2 million low-income American families.

 

March 17, 2011 In The News

by Richard Simon

The congressional hearing had been called to take testimony about a Republican plan to shut down a nationwide program championed by Rep. Maxine Waters that uses tax dollars to buy and fix up foreclosed properties.

When it was her turn to speak, the fiery Los Angeles Democrat said: "I don't have any questions. I just have a lot to say."

And she did.

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