The housing downturn has had a devastating impact on many American families and communities; and the related economic fallout threatens our nation's financial system. It is in our national interest for the Federal government to get involved; creating stability that bolsters our economy and benefits us all. For this reason, I support legislation that will stabilize home prices, jump-start stagnant credit markets, and give incentives for lenders to write down certain troubled sub-prime mortgages to affordable fixed-rate loans.