Press Releases

Washington, DC - Rep. Brad Miller (NC-13), along with Rep. Mel Watt (NC-12) and House Financial Services Committee Chairman Barney Frank, introduced today The Mortgage Reform and Anti-Predatory Lending Act of 2009 aimed at curbing predatory lending, which has been a major factor in the highest home foreclosure rate in the nation in 25 years.

[Washington, D.C.] – Rep. Brad Miller (D-NC), a member of the House Foreign Affairs Committee, introduced today the Shelter, Land, and Urban Management (SLUM) Assistance Act of 2009 to raise awareness of the importance of rapid urbanization and slum conditions in the developing world which can pose a threat to the security and stability of developing countries, and thus to the United States. Rep. David Price (NC-4), joined by other Members of Congress, also signed onto this bipartisan legislation as an original cosponsor.

When I was first elected to Congress six years ago, I got advice from senior members to find an obscure, technical issue, an orphan issue without an established champion, and learn the issue. I would probably never be heard from again, but my work would be a service to Congress as an institution and to the nation. The issue I found was mortgage lending.

[WASHINGTON, D.C.] – Assistant Senate Majority Leader Dick Durbin (D-IL) introduced legislation today to create the Financial Product Safety Commission - a single government agency in charge of ensuring that the offering of financial products to consumers is responsible, accountable, and transparent. Joining Durbin as cosponsors were Senator Chuck Schumer (D-NY), Senator Ted Kennedy (D-MA) and Representatives Bill Delahunt (D-MA) and Brad Miller (D-NC) who will introduce a version of the bill in the House.

[Washington, D.C.] – Today, the U.S. House passed the Helping Families Save Their Homes Act by a vote of XX to XXX which included a bankruptcy provision written by Rep. Brad Miller (NC-13) to help prevent foreclosures on family homes. The bill would allow bankruptcy judges to modify mortgages by extending their term, reducing their interest rate, and in some cases, reducing the overall amount of the loan to the current market value of the home.

Washington, D.C. – Rep. Brad Miller (NC-13) announced today that several law enforcement agencies throughout the 13th District will receive $3.5 million in funding through the Justice Assistance Grant (JAG) Program administered by a division of the Department of Justice. The funding was approved in the American Recovery and Reinvestment Act supported by Rep. Miller.