Watt Confirmation Puts Housing Finance Market on the Right Path


Center for Responsible Lending
December 10, 2013

We commend the U.S. Senate for confirming Representative Mel Watt as Director of the Federal Housing Finance Agency. Representative Watt is eminently qualified to run this crucial agency based on his decades of experience as a real estate attorney and member of the House Financial Services Committee. He has repeatedly demonstrated the ability to work with a variety of stakeholders to craft practical and fair solutions. In his new post, he will apply these same qualities to help put the housing finance market on the right path.

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For more information, contact Ellen Schloemer at 919-539-9092 or ellen.schloemer@responsiblelending.org.

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About the Center for Responsible Lending

The Center for Responsible Lending is a nonprofit, nonpartisan research and policy organization dedicated to protecting homeownership and family wealth by working to eliminate abusive financial practices. CRL is affiliated with Self-Help, one of the nation's largest community development financial institutions.