Corker: A Technocrat – Not A Politician – Should Lead FHFA

Thursday, October 31, 2013

Senator Bob Corker, (R-Tn.), a member of the Senate Banking, Housing and Urban Affairs Committee, made the following statement after voting against a procedural motion to move forward with the nomination of U.S. Congressman Mel Watt, (D-N.C.), to lead the Federal Housing Finance Agency (FHFA). In a 56 to 42 vote, the Senate failed to get the 60 votes required to proceed.

“I have said from day one that a technocrat, not a politician, should lead the FHFA, the regulator charged with overseeing the $5 trillion portfolios of Fannie Mae and Freddie Mac,” said Senator Corker.

“I hope the president will nominate a qualified technocrat with the expertise to play a constructive role in winding down Fannie and Freddie and modernizing our housing finance system.” 



RE/MAX Properties And RE/MAX Renaissance Realtors Celebrate Thanksgiving

RE/MAX Renaissance Realtors kicked off the Thanksgiving season by hosting a Vendor Appreciation reception at the new Red Sauce restaurant at 14 W. Kent Street on the Northshore. The theme of the evening was, “Thank Your for Being a Friend”.  Over 50 guests attended the party where agents were able to personally thank area service providers for helping grow their businesses.  ... (click for more)

Real Estate Transfers For Nov. 9-15

NOTICE: The Hamilton County Register’s Office did not publish this data. All information in the Register’s Office is public information as set out in T.C.A. 10-7-503. For questions regarding this report, please call Chattanoogan.com at 423 266-2325. GI numbers, listed when street addresses are not available, refer to the location of transactions (book number and page number) ... (click for more)

Hixson Burglary Suspect Tries To Swim Away; Deputies Catch Him In Borrowed Boat

A Hixson burglary suspect on Wednesday tried to swim away from deputies, but to no avail.   The proprietor of Chattanooga Fish and Fun was notified when his camera system was triggered by an individual attempting to break into his business. The owner immediately contacted the Sheriff's Office and drove to the business location.   As deputies arrived on scene, ... (click for more)

5 Disinherited Adopted Children Of Dr. J. Don Brock May Share In Rich Estate After All

Five disinherited adopted children of the late Chattanooga businessman J. Don Brock may share in his large estate after all. After losing at the trial court and appeals court level, the plaintiffs won a victory at the Tennessee Supreme Court. Justice Cornelia Clark ruled in favor of the adopted children and remanded the case to the trial court for settlement of the estate. ... (click for more)

Stormwater Fiasco And East Ridge Camping

When did the Chattanooga City Council get replaced by members of the East Ridge City Council? I don't recall a time in Chattanooga where they've voted to shoot the city in the foot more than they have lately.  If this goes through despite the environmental impact warnings and then Camp Jordan has increased flooding after spending millions on sports ball fields, ... (click for more)

Roy Exum: The Chicken Gun

On the very day when more poultry is consumed in the United States than at any other time in the year, fun-loving Wendell Burns shared a wonderful story about “The Chicken Gun.” What makes the tale even better is that it was designed and built to perfection by the folks at the Arnold Air Force Base that you know is near Tullahoma, Tn. Wendell’s mistake in sending the story is ... (click for more)