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March 11, 2011
Committee Remark
Congresswoman Maxine Waters (D-Calif.), the ranking member of the Subcommittee, issued the following opening statement:
Thank you, Mr. Chairman, for convening this hearing today to examine the potential for creating a covered bond market in the United States.
Today we convene to discuss covered bonds, and Representative Garret's covered bond bill, H.R. 940.
Issues:
March 11, 2011
In The News
by Alan Fram
The House voted Friday to kill mortgage assistance for homeowners who have lost their jobs or become ill, as the two parties battled over how to balance frugality and compassion at a time of enormous budget deficits.
March 11, 2011
In The News
By Pete Kasperowicz
House Republicans for the second day in a row on Friday voted to eliminate a federal mortgage program.
March 11, 2011
Press Release
Congresswoman Maxine Waters (D-Calif.) today reintroduced her legislation to improve the National Flood Insurance Program (NFIP). Last year, the Congresswoman's NFIP legislation was passed by the House of Representatives with overwhelming bipartisan support, but was not taken up by the Senate.
Issues:
March 9, 2011
Press Release
Congresswoman Maxine Waters (D-Calif.), a senior member of the Financial Services Committee, spoke out today against Republican attempts to terminate the Home Affordable Modification Program (HAMP) and the Neighborhood Stabilization Program (NSP).
March 9, 2011
In The News
by Kevin Drawbaugh
Congress is pulling on its hip waders again to try to rescue a government policy wreck left over from 2005's Hurricane Katrina.
The National Flood Insurance Program, badly damaged by the costliest natural disaster in U.S. history as well as long neglect, has defied attempts at reform for five years.
Issues:
March 8, 2011
Press Release
Congresswoman Maxine Waters (D-CA), a leading Congressional advocate for women, minorities and low-income people, released the following statement today in recognition of the 100th anniversary of International Women's Day:
March 8, 2011
Press Release
Congresswoman Maxine Waters (D-Calif.), a senior member of the Financial Services Committee, issued the following statement today after details of the proposed settlement between state attorneys general and mortgage servicers were revealed:
Issues:
March 7, 2011
In The News
by Zach Carter
As bank executives push back against the terms of a foreclosure settlement with fees that may be as high as $20 billion, progressive legislators, federal regulators and public interest watchdogs argue that securing appropriate relief to wronged homeowners is a critical step for restoring business confidence and reinvigorating the housing market.
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