Housing and Foreclosures

Washington, DC—Today, Rep. Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government Reform, and Committee Member John F. Tierney called on Edward DeMarco, the Acting Director of the Federal Housing Finance Administration (FHFA), to comply with previous requests for information about his refusal to allow Fannie Mae and Freddie Mac to utilize principal reductions to address the nation's housing crisis, even though his own data show they could save U.S. taxpayers billions of dollars.

Washington, DC – Today, Congressman Elijah E.

Washington, D.C.—Rep. Elijah E. Cummings, the Ranking Member of the House Committee on Oversight and Government Reform, issued the following statement in response to today's announcement of a multi-billion dollar settlement relating to widespread and illegal abuses by mortgage servicing companies:

Washington, DC - Rep. Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government Reform, and Committee Member John F.

Washington, DC – Today, Rep. Elijah E.

Washington, DC – Today, Ranking Member Elijah E. Cummings and several Members of Congress sent a letter to Edward DeMarco, the Acting Director of the Federal Housing Finance Agency (FHFA), seeking information about mortgage servicing companies that may have improperly denied access to housing assistance programs for servicemembers ordered by the military to relocate.

Washington, DC – Congressman Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government Reform, will be honored as the "Federal Champion of the Year" by the Maryland Consumer Rights Coalition. The award will be given today in Columbia, MD.

Cummings will receive the honor for his efforts to address the foreclosure crisis and promote the Consumer Financial Protection Bureau, a financial agency that protects families from unfair, deceptive, and abusive financial practices.