Issue Position: Housing

Issue Position

Date: Jan. 1, 2011

The number of home foreclosures in the 16th District of Texas have more than doubled as a result of the housing market crisis, making access to quality and affordable housing more important than ever before. The 111th Congress is working to strengthen the housing market and the economy, expand affordable mortgage loan opportunities for families at risk of foreclosure, and strengthen consumer protections against risky loans in the future. Problems in the subprime mortgage markets have helped push the housing market into its worst slump in 16 years.


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