Peters Statement on President’s Push to Overhaul Housing Industry

WASHINGTON, D.C. – August 7, 2013 – (RealEstateRama) — Following the President’s speech today outlining priorities to overhaul the mortgage finance industry, U.S. Representative Gary Peters expressed encouragement that Washington is finally ready to get serious about developing common-sense GSE reform. Peters, who serves on the U.S. House Financial Services Committee, continues to fight for bipartisan GSE reform that both prevents bailouts paid for by taxpayers and protects the 30 year-fixed-rate mortgage. Peters is optimistic about the Administration and Congress working together on a comprehensive, bipartisan solution to fix the housing industry.


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