Big Step Toward Solving the Housing Crisis

Former Congressman Mel Watt is the new head of the Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac, which underwrite mortgages for houses and apartment buildings.
Bloomberg Business Week: New Boss Could Reshape Mortgage Finance
Andrew Jakabovics and John Griffith: Mel Watt's First Day
Politico: Mel Watt Faces Tough Affordable Housing Question

Bankers and their flunkies in Congress are still trying to blame affordable housing for Wall Street's self-induced collapse of six years ago. We need to let Mel Watt know how many of us support expanding affordable housing.

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