CORKER SAYS FHFA STRATEGIC PLAN FOR FANNIE/FREDDIE STARTS TO MOVE IN RIGHT DIRECTION, UP TO CONGRESS TO BUILD OFF MOMENTUM
February 21, 2012
U.S. Senator Bob Corker, a member of the Senate Banking Committee, said a new strategic plan released by the Federal Housing Finance Agency for the future of Fannie Mae and Freddie Mac “starts to move us in the right direction” toward reform of the two mortgage finance agencies, adding “now it’s up to Congress to build off the momentum.” In the plan presented to Congress today, FHFA Acting Director Edward DeMarco proposed a risk-sharing arrangement with the private sector and a method to restore private financing in housing, both elements contained in legislation ... [continue]Featured Videos
February 16, 2012 - On CNBC's Squawk Box, Senator Corker said Congress should act responsibly in spite of the 2013 budget proposal released by President Obama earlier in the week.
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January 16, 2012 – Commemorating the Martin Luther King Day of Service, U.S. Senator Bob Corker greets firemen during the “Protecting and Serving Our Neighbors” initiative at Nashville Fire Department Station 19.
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