Archives For: Maxine Waters

A Congressional Call to Strengthen Foreclosure Protections

DS News published an article outlining recent actions made by Rep. Maxine Waters, Chairwoman of the House Financial Services Committee, urging regulators to strengthen foreclosure and mortgage servicing protections to prevent unnecessary foreclosures during the COIVD-19 pandemic.

6 Aug 2021

Waters Seeks Extension of Federal Foreclosure Moratoria

DS News has reported that Rep. Maxine Waters, Chairwoman of the House Financial Services Committee, has sent a letter to HUD, USDA, VA, CFPB, and FHFA requesting that these agencies extend their moratoria on foreclosures at least until the CFPB is able to finalize and implement its pandemic recovery mortgage servicing rule.

22 Jun 2021

Waters Introduces FHA Foreclosure Prevention Act

Congresswoman Maxine Waters (D-CA) introduced H.R. 3958 (FHA Foreclosure Prevention Act of 2019). The bill aims to make reforms to improve compliance with loss mitigation requirements by FHA mortgage servicers and to prevent foreclosure. A companion measure (S. 2279) has been introduced in the U.S. Senate by Senator Catherine Cortez Masto (D-NV).

25 Jul 2019

Waters Introduces Bill to Increase FHFA Foreclosure Oversight

HousingWire published an article outlining the introduction of H.R. 6102 (Homeowners Mortgage Servicing Fairness Act of 2018) by U.S. Representative Maxine Waters (D-CA) on June 14, 2018.

18 Jun 2018

Cortez Masto Introduces FHA Foreclosure Prevention Act of 2018

The office of U.S. Senator Catherine Cortez Masto (D-NV) issued a press release announcing the introduction of S.2698 (A bill to make necessary reforms to improve compliance with loss mitigation requirements by servicers of mortgages for single family housing insured by the FHA, and for other purposes).

19 Apr 2018

Representative Waters Asks HUD for More Transparency for Non-Borrowing Spouses on HECMs

On May 28, DS News published an article discussing a letter written by U.S. Representative Maxine Waters (D-California) to Department of Housing and Urban Development (HUD) Secretary Julian Castro.

29 May 2015

Maxine Waters Releases GSE Reform Bill to Unwind Fannie, Freddie

On March 27, National Mortgage News published an article titled Waters Releases GSE Reform Bill to Unwind Fannie, Freddie.

28 Mar 2014

Maxine Waters to Counter Hensarling’s PATH Act with Her Own GSE Bill

On September 11, Inside Mortgage Finance published an article titled Maxine Waters to Counter Hensarling’s PATH Act With Her Own GSE Bill.

11 Sep 2013