Speaker Pelosi - Final Housing Bill

The House has just passed the most comprehensive response yet to the American mortgage crisis. The American Housing Rescue & Foreclosure Prevention Act, H.R. 3221, will help families facing foreclosure keep their homes, help other families avoid foreclosures in the future, and help the recovery of communities harmed by empty homes caught in the foreclosure process. To shore up the housing market and ensure the availability of affordable home loans, the bill would put a tough, independent new regulator in charge of the housing Government Sponsored Enterprises, or GSEs (Fannie Mae, Freddie Mac, and the Federal Home Loan Banks), which are vital to both the financial markets and American homeowners. The new regulator will be far better prepared to quickly and effectively respond to issues affecting the safe and sound operation of these enterprises. The centerpiece of the bill will help significant numbers of hard-working American families in danger of losing their home refinance into lower-cost government -insured mortgages they can afford to repay -- at no cost to the American taxpayer. President Bush rescinded his veto threat on the legislation this morning. Speaker Nancy Pelosi spoke in favor.

Category:

News & Politics

Tags:

• Democrats
• Congress
• American
• Housing
• Rescue
• Foreclosure
• Prevention
• Act
• Nancy
• Pelosi

[lightleague]

Pelosi, just admit that America is one big Enron and quit mincing words.

[rocketman6464]

this filthy pig pelosi needs to die of brain cancer or better yet infected, bleeding and aids infested anal warts--i piss on this whore.this lying cunt never ceases to amaze.

[damoparman]

1 year later

now how about charlie rangel

this dem congress is the reason we are in this shape and your votes can change all that

damn wake up cal. ny. 

[Ataxicabdriver]

She would look good in tar and feathers.

[rocketman6464]

hahahah. her congratulating maxine waters!!!!!!! man thats classic shit there!

[rocketman6464]

pelosi needs a large, very thick, aids infested black horse cock rammed directly up her putrid rectal-hole.

[Blackrain4xmas]

16 Dems in danger of losing their seats in next election were told NOT to vote for it. Almost entire Black Caucus which is not in danger of losing their seats didn't vote for it. Obama didn't make a single phone call before and during the vote. If Dems wanted this to pass, they'd told their caucus to vote for it. They didn't, so it didn't.

[aprillh]

Blah, blah, blah. All lies. The Democrats are nearly the ENTIRE cause of this financial fallout. They're the ones who pushed for "low income and minorities" to get mortgages they couldn't afford and now those of us who are responsible are paying the price. Why are people still voting for LIBERALS?!? VOTE REPUBLICAN or if Obama, God forbid, is elected, it's going to be a free for all in DC for the lib's! The Carter years will seem quaint in comparison.