Tag: Bob Corker
Corker Applauds FHFA Decision Not to Encourage Underwater Borrowers to Default on Home Mortgages
WASHINGTON, DC - August 1, 2012 - (RealEstateRama) -- U.S. Senator Bob Corker, R-Tenn., a member of the Banking, Housing and Urban Affairs Committee, made the following statement today in response to a decision by Federal Housing Finance Agency Acting ...
Corker: Government Should Not Encourage Homeowners to Default
NASHVILLE - April 11, 2012 - (RealEstateRama) -- U.S. Senator Bob Corker, a member of the Senate Banking, Housing and Urban Affairs Committee, today wrote to Ed DeMarco, acting director of the Federal Housing Finance Agency, urging him to avoid encoura...
As Budget Resolution is Crafted, Senators Say Bank and Housing Emergency Spending Should Be...
Washington, DC - February 25, 2010 - (RealEstateRama) -- With the U.S. Senate expected to take up the Budget for the upcoming fiscal year in the next few weeks, Senators Michael Bennet (D-CO), Bob Corker (R-TN) and Jon Tester (D-MT) are telling Senate budget leaders to ensure funds repaid by beneficiaries of taxpayer-funded emergency spending are used to pay down the debt, not fund further deficit spending. The Senators urged the Senate Budget Committee to adopt the Pay It Back plan as part of the Senate's Budget, and noticed an intent to file an amendment that mirrors Bennet's Pay It Back Act, which requires returned emergency spending to go towards deficit reduction, if budget leaders don't include Pay It Back provisions as part of the Budget
