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By Nick Timiraos

A top Democrat on the House Financial Services Committee signaled that the broad outlines of a settlement to resolve mortgage-servicer abuses should push for penalties higher than the reported $20 billion figure.

Congresswoman Maxine Waters (D-Calif.), a senior member of the Financial Services Committee, issued the following statement today after reports of a deal between the Obama Administration and mortgage servicers to settle systemic fraud issues in the servicing and foreclosure industry:

By Ron Orol

A top House Republican has announced plans Thursday to begin efforts to dismantle a package of Obama administration programs seeking to help troubled homeowners avoid foreclosure, an effort that is unlikely to become law any time in the near future because of staunch Democratic opposition.

By Erika Lovley
 
It may be the end of the line for one of the President Barack Obama's key anti-foreclosure programs: the Home Affordable Modification Program (HAMP).

Congresswoman Maxine Waters (D-Calif.), a senior member of the Financial Services Committee, released the following statement today after Republicans on the Committee announced their intention to defund foreclosure prevention programs:

Congresswoman Maxine Waters (D-Calif.) authored the following op-ed for the Afro American Newspaper.

Congresswoman Maxine Waters (D-Calif.) and her husband, Ambassador Sidney Williams, were honored by the Our Authors Study Club, Inc. (OASC) in Marina del Rey on February 12th during the group's annual Dr. Carter G. Woodson Scholarship and Award Luncheon. The 2011 luncheon theme was ‘Lest We Forget: From the Civil War to Civil Rights'.

Congresswoman Maxine Waters (D-Calif.) entered the following statement into the Congressional Record today in opposition to amendment 267 offered by Rep. Steve King of Iowa (R), which would defund the Affordable Care Act passed in the last Congress. The amendment is part of H.R. 1 - Fiscal Year Continuing Appropriations Act for FY2011:

"I rise to oppose the King amendment.

Congresswoman Maxine Waters (D-Calif.) issued the following statement upon the passing of her colleague, former Rep. John ‘Steve' Horn (R-Calif.):

"I am very saddened to learn of the passing of Congressman Horn.