Rep. Royce Introduces GSE Mission Improvement Bill

Washington, DC - March 30, 2011 - (RealEstateRama) -- Rep. Ed Royce (R-CA), a senior member of the House Financial Services Committee, introduced legislation to permanently abolish the affordable housing goals of the Government Sponsored Enterprises (GSEs) Fannie Mae and Freddie Mac.

C.A.R. responds to White House proposal

LOS ANGELES, CA - February 14, 2011 - (RealEstateRama) -- In response to the White House’s recommendations today to phase out Fannie Mae and Freddie Mac, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said the elimination of government involvement would raise borrowing costs for home buyers and severely restrict a safe and affordable flow of financing, further impeding the still-fragile housing market recovery

Senator Boxer Calls for Rapid Action on Housing Refinancing Plan to Assist Homeowners

Washington, D.C. - July 10, 2009 - (RealEstateRama) — Today, U.S. Senator Barbara Boxer (D-CA) sent a letter to Federal Housing Finance Agency Director James Lockhart applauding the Administration’s recent decision to expand the Home Affordable Refinance plan, which allows responsible borrowers whose home values have declined to refinance their Fannie Mae or Freddie Mac loans and take advantage of historically low mortgage rates.

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Napolitano’s Statement on Trump Administration’s Attack on Clean Water

Rep. Grace F. Napolitano (D-El Monte), issued the following statement after the Trump administration announced a new proposal—claiming it to be pro-industry—which would weaken federal clean water rules, putting at risk the health and safety of millions of Americans