Rep. Eshoo Decries Housing and Foreclosure Crisis in California

Yestereday, January 25th, Rep. Anna G. Eshoo (D-Palo Alto), a leader within in the California Democratic Congressional Delegation, called on the President to appoint a permanent director to the Federal Housing Finance Agency (FHFA), and urge President Obama to sit down with them and listen to the delegation's ideas on how to solve the country's foreclosure crisis. This speech was following his State of the Union address Tuesday night, when he touched on the issue.

The California Democratic Congressional Delegation held a press conference in Washington, D.C. yesterday morning to goad the president to appoint a new director of the Federal Housing Finance Agency and to consider recommendations the delegation has made previously to offer underwater homeowners some financial relief including a principal paydown plan to reduce negative home equity.

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News & Politics

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• SOTU
• California
• House
• Foreclosure
• Underwater homes
• Eshoo
• Rep. Eshoo
• Anna Eshoo