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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 encouraging irresponsible behavior on the part of American homeowners.