Campaign for a Fair Mortgage Settlement a project of Action for the Common Good


Campaign for a Fair Settlement
a project of Action for the Common Good

 
Make the Call

Rep. Mel Watt is the nominee to replace Ed DeMarco at the FHFA, which oversees Fannie Mae and Freddie Mac

Dear Kevin —

If you could make one phone call that would stop the foreclosure crisis and allow help millions of families to stay in the homes, would you do it?

Everyone who has fought for a fair end to the housing crisis knows it is a long, hard fight, and no one action can fix the damage that the big banks have done to our communities. But you can make one call right now that will make a big, big difference.

Please call your U.S. Senators right now at 1-866-200-6444. 

Tell them: “Please vote to confirm Representative Mel Watt as Director of the Federal Housing Finance Authority (FHFA). No filibusters, no delays.

Click here to report your call.

As you may have heard, the current FHFA Acting Director, Ed DeMarco, a temporary appointee left over from the Bush Administration, has been a major roadblock to ending the mortgage foreclosure crisis. Under his direction Fannie Mae and Freddie Mac have refused point-blank to even discuss fair modifications that include principal reduction for families whose homes loan are underwater. Each year, they have wasted millions of taxpayer dollars on needless foreclosures that devastate communities.

But now we can replace the old, foreclosure-happy leadership at FHFA (the agency that supervises Fannie and Freddie) with new and highly qualified permanent Director – Rep. Mel Watt an experienced nominee respected by all sides and willing to find reasonable solutions to the housing crisis. Rep. Watt’s confirmation is expected to come to a vote this week.

Please call your U.S. Senators right now at 1-866-200-6444

Tell them: “Please vote to confirm Representative Mel Watt as Director of the Federal Housing Finance Authority (FHFA). No filibusters, no delays.

Click here to report your call.

Besides making the foreclosure crisis worse, FHFA’s current leadership has sued and threatened to redline communities that attempt to find local solutions —including Richmond, California where Local Principal Reduction is moving forward. We need a new leader over this agency that affects so many lives.

Please call your U.S. Senators right now at 1-866-200-6444

Tell them: “Please vote to confirm Representative Mel Watt as Director of the Federal Housing Finance Authority (FHFA). No filibusters, no delays.

This one call won’t end the foreclosure crisis, but it really could help turn the tide. Please call today.

In Solidarity,

Brian Kettenring, Executive Director, Action for the Common Good

http://www.campaignforfairsettlement.org/

About eslkevin

I am a peace educator who has taken time to teach and work in countries such as the USA, Germany, Japan, Nicaragua, Mexico, the UAE, Kuwait, Oman over the past 4 decades.
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