Helping Homeowners Avoid Foreclosure Related News

Maxine Waters reaches out to big banks and Wall Street
Oct 15, 2012 - (POLITICO), Maxine Waters and big banks are rarely on the same page. But as the California congresswoman prepares to become the top Democrat on the House Financial Services panel, she is engaging in an aggressive outreach effort with some of the very institutions that she has heavily criticized for ... More

Rep. Waters Hosts Panel on Eminent Domain Proposals to Seize Underwater Mortgages
Sep 11, 2012 - 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 R... More

Rep. Maxine Waters and 52 Democratic Members Express Concerns with the Implementation of Housing Programs
May 29, 2012 - 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 r... More

Congresswoman Maxine Waters Joins Housing and Urban Development Secretary Shaun Donovan on Tour of Neighborhood Stabilization Program (NSP) Properties in South Los Angeles
May 3, 2012 - 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 ... More

Rep. Maxine Waters Responds to State Attorneys General Settlement with Mortgage Servicers
Feb 9, 2012 - 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 ... More

Congresswoman Maxine Waters Reacts to President Obama's Housing Proposal Released Today
Feb 1, 2012 - Today, Rep. Waters released the following statement in response to President Obama’s plan to help responsible homeowners and heal the housing mark. "I think the plan announced by the President today has a lot of potential to help homeowners and our broader housing market. Allowing homeowners to ref... More

Rep. Waters Introduces Legislation to Compel Principal Reduction, Helping Homeowners and Communities
Jan 31, 2012 - 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... More

The State of Our Union Is Dependent on Housing
Jan 24, 2012 - Congresswoman Maxine Waters (D-Calif.) authored the following opinion editorial for the Huffington Post: Back in October, Republican Presidential candidate Mitt Romney made news by suggesting -- in Las Vegas, of all places -- that we simply needed to let the housing crisis wash through the system, a... More

Rep. Maxine Waters Introduces the Project Rebuild Act of 2011
Nov 22, 2011 - 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 S... More

California Deserves a Better Deal
Nov 17, 2011 - 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 By Rep. Maxine Waters, Progressive Congresswoman from California Poste... More

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