Corker Disappointed In President Obama's Nominee To Lead FHFA

Wednesday, May 1, 2013

Senator Bob Corker, R-Tn., member of the Senate Banking, Housing and Urban Affairs Committee, made the following statement regarding reports that President Obama will Wednesday nominate U.S. Congressman Mel Watt, D-N.C., to lead the Federal Housing Finance Agency.

"I could not be more disappointed in this nomination. This gives new meaning to the adage that the fox is guarding the hen house,” said Senator Corker. “The debate around his nomination will illuminate for all Americans why Fannie and Freddie failed so miserably.

“Before any nominee should be considered for this post, regardless of their qualifications, the administration should explicitly lay out how they will unwind these entities.”


THDA Now Accepting Blight Elimination Applications

The Blight Elimination Program from the Tennessee Housing Development Agency is officially active.    THDA can now begin accepting loan applications and funding demolition and greening activities to stabilize local housing markets.    "We're thrilled to be able to put these Treasury dollars to use in neighborhoods where one or two abandoned houses are ... (click for more)

Chattanooga's Compass Auctions & Real Estate To Sell Tracts Around Atlanta's Turner Field

Chattanooga-based Compass Auctions & Real Estate, LLC has been selected by the Federal Deposit Insurance Corporation (FDIC) to list and sell a real estate portfolio in the Metro and Southern Atlanta area totaling nearly $20 Million.  The highlight of the group of properties is 40 parcels adjacent to Turner Field Stadium. The 40 parcels equal 4.67 acres and are located ... (click for more)

Preserving 90-Year-Old Grammar School Just One Of Challenges Facing Town, Signal Council Told

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2nd Independent Candidate May Be On Walker County Ballot

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Improvements Needed At Entrance To Wilcox Tunnel

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Roy Exum: Looking For A Wife

Coeur d'Alene, Idaho, is a really cool place. I tried to buy a huge mounted buffalo head in an antique store there one time until I found out the shipping charges were four times what the head was worth. But suddenly my rapt attention is riveted on Coeur d'Alene again because a dazzling social experiment is taking place this very moment at a plush resort in north Idaho. Several ... (click for more)