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| Foreclosures |
Cohen Chairs Hearing on Federal Efforts to Help Homeowners Avoid Foreclosure
July 9, 2009 Posted by Tennessee RealEstateRama
Washington, DC - July 9, 2009 - (RealEstateRama) – Congressman Steve Cohen (TN-9), Chairman of the Subcommittee on Commercial and Administrative Law (CAL), today held a hearing on the Obama Administration’s plan to help homeowners on the brink of foreclosure. The President’s plan allows struggling homeowners to voluntarily modify their mortgage payment.
Congressman Cohen Joins President Obama As Housing Relief Bill Is Signed Into Law
May 21, 2009 Posted by Tennessee RealEstateRama
Washington, DC - May 20, 2009 - (RealEstateRama) — Late this afternoon, Congressman Steve Cohen (TN-09) participated in a White House ceremony with President Obama that enacted S. 896, The Helping Families Save Their Homes Act. The new law is aimed at helping homeowners and renters in the grips of the foreclosure crisis.
HUD Secretary announces disaster assistance for Tennessee storm victims
May 18, 2009 Posted by Tennessee RealEstateRama
WASHINGTON, DC - May 18, 2009 - (RealEstateRama) — U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to four storm-ravaged counties in Tennessee and provide support to homeowners and low-income renters forced from their homes following last month’s severe storms, tornadoes, and flooding.
Roe Fights for Housing Recovery, but Not at the Expense of Consumers
May 13, 2009 Posted by Tennessee RealEstateRama
WASHINGTON, DC - May 13, 2009 - (RealEstateRama) — Congressman Phil Roe (TN-1) continues to fight for fundamental reform and accountability in many ways, including reform of organizations such as Freddie Mac and Fannie Mae. However, HR 1728 makes no mention of these entities, it encourages excessive litigation for foreclosure related issues and it simply slows down the housing recovery process by undermining current efforts that are already underway.
Corker Offers Amendment to Prevent Unintended Consequences of Housing Bill: Increased Mortgage Rates, Higher Down Payments, Reduced Supply of Consumer Credit
May 6, 2009 Posted by Tennessee RealEstateRama
WASHINGTON - May 5, 2009 - (RealEstateRama) — U.S. Senator Bob Corker, R-Tenn., a member of the Senate Banking, Housing and Urban Affairs Committee, today offered an amendment (#1019) to the housing bill (S. 896) to ensure servicers consider all options available to homeowners, not just modification or foreclosure.
1 in 36 Tennessee Homeowners Could Lose Home to Foreclosure
May 21, 2008 Posted by Tennessee RealEstateRama
Washington, DC - 08 May 2008 - Congressman Steve Cohen (TN-09) today responded to the housing crisis that has been one of the root causes of the current recession and backed key legislation that will help improve home values and assist Americans who are struggling with the housing and credit crises. The American Housing Rescue […]
ALEXANDER COSPONSORS LEGISLATION OFFERING TAX CREDIT TO HOMEBUYERS
January 31, 2008 Posted by Tennessee RealEstateRama
WASHINGTON, D.C. - January 31st, 2008 - U.S. Senator Lamar Alexander, R-Tenn., today joined Senator Johnny Isakson, R-Ga., in offering legislation to provide a tax credit for anyone purchasing a newly constructed home, a foreclosed home or a home where foreclosure is pending.
