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Hints:
Mel Watt
We need to preserve access to safe and simple mortgages like the 30-year, fixed-rate mortgage. We need to keep laying down rules of the road that protect homeowners when they're making the biggest purchase of their lives. And finally, Congress needs to confirm Mel Watt to be our nation's top housing regulator, so that he can protect consumers and help responsible lenders provide credit.
No program or policy will solve all the problems in a multi-trillion dollar housing market, and it will take time to fully recover. But if we work together, we can make a home a source of pride and middle-class security again. And if Washington is willing to set aside politics and focus on what really matters, we can rebuild an economy where if you work hard, you can get ahead.
Thanks, and have a great weekend. |
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