Archives

WASHINGTON, D.C. - July 12, 2013 - (RealEstateRama) -- U.S. Senator Bob Corker, R-Tenn., a member of the Senate Banking Committee, released the following statement on reports of progress in the House Financial Services Committee to reform the system of housing finance and wind down Fannie Mae and Freddie Mac

WASHINGTON, D.C. - June 26, 2013 - (RealEstateRama) -- U.S. Senators Bob Corker, R-Tenn., Mark Warner, D-Va., Mike Johanns, R-Neb., Jon Tester, D-Mont., Dean Heller, R-Nev., Heidi Heitkamp, D-N.D., Jerry Moran, R-Kan., and Kay Hagan, D-N.C., all members of the Senate Banking, Housing and Urban Affairs Committee, today introduced legislation to strengthen America’s housing finance system by replacing government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac with a privately capitalized system that preserves market liquidity and protects taxpayers from future economic downturns

WASHINGTON, DC - June 25, 2013 - (RealEstateRama) -- U.S. Senators Bob Corker, R-Tenn., Mark Warner, D-Va., Mike Johanns, R-Neb., Jon Tester, D-Mont., Dean Heller, R-Nev., Heidi Heitkamp, D-N.D., Jerry Moran, R-Kan., and Kay Hagan, D-N.C., all members of the Senate Banking, Housing and Urban Affairs Committee, are introducing legislation today to strengthen America’s housing finance system by replacing government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac with a privately capitalized system that preserves market liquidity and protects taxpayers from future economic downturns. The bill is drawing broad support from stakeholders and industry experts

MEMPHIS, TN - June 3, 2013 - (RealEstateRama) -- Congressman Steve Cohen (TN-09) announced today that HUD will provide $358,506 in grants to the Memphis VA Medical Center to offer permanent supportive housing to homeless veterans.

WASHINGTON, DC - May 13, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that a Nashville, TN, apartment complex will pay more than $170,000 as part of asettlement resolving allegations that it discriminated against Hispanic tenants based on their national origin

Washington, D.C. - April 29, 2013 - (RealEstateRama) -- Today U.S. Representative Stephen Fincher (R-Frog Jump) introduced the Preserving Access to Manufactured Housing Act – a bipartisan bill to protect the availability of financing for affordable manufactured housing, a critical resource for low and moderate-income families across the United States. Specifically, the bill would amend the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) to change the criteria by which home loans are classified “high-cost” while keeping in place strong consumer protections.

NASHVILLE, TN - April 3, 2013 - (RealEstateRama) -- In response to reports of increased income at mortgage finance agency Fannie Mae, U.S. Senator Bob Corker, R-Tenn., a member of the Senate Banking, Housing and Urban Affairs Committee, reiterated his call that these profits not become an excuse for inaction and expressed the need for long-term reform of our housing finance system.

NASHVILLE - March 14, 2013 - (RealEstateRama) -- One is all a renter needs, but the TNHousingSearch has 100,000 in the list. Tennessee Housing Development Agency (THDA) built a website, www.TNHousingSearch.org, and has been inviting property owners to post Tennessee rental properties of all sizes, shapes, locations and costs on the site for each searching by households wanting to rent a home.

WASHINGTON, D.C. - March 6, 2013 - (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 remarks made by Federal Housing Finance Agency Acting Director Ed DeMarco following the release of the FHFA’s 2013 Conservatorship Scorecard for Fannie Mae and Freddie Mac which details this year’s priorities for the government-sponsored enterprises.

CHATTANOOGA, Tenn. - March 4, 2013 - (RealEstateRama) -- In response to reports of increased income at mortgage finance agencies Fannie Mae and Freddie Mac, U.S. Senator Bob Corker, R-Tenn., member of the Senate Banking, Housing, and Urban Affairs committee, today said these profits must be used to repay taxpayers and reform our housing finance system after years of government dominance.