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.”


Local Realtor Pledges Help To St. Jude's Dream Home

On the heels of the grand opening for the St. Jude Dream Home, Realtor Jeremy Callahan announced via video that he will donate $500 to St. Jude Children’s Research Hospital for each new family he helps buy or sell real estate between now and August 31. “My goal is to donate at least $10,000 to St. Jude, and all that would take is 20 new families jumping on board,” ... (click for more)

Ederly Housing Tower On Highway 58 Sold For $4,675,000

The Chattanooga Napfe elderly housing tower on Highway 58 has been sold for $4,675,000. The sale was to Silvertree Seniors Chattanooga Lp from Chattanooga National Alliance Of Postal & Federal Employees Elderly Housing. (click for more)

CBL & Associates Stockholder Accuses Chattanooga-Based Mall Owner Of Security Fraud

A stockholder of CBL & Associates is suing the Chattanooga-based mall owner in Chattanooga Federal Court, claiming its officials artificially inflated the value of the company's stock. Tommy French, of Baton Rouge, La., brought the action against CBL, President Stephen Lebovitz and Vice President Farzana Mitchell. He claims that CBL officials made false and misleading ... (click for more)

Carmody Found Guilty Of First-Degree Felony Murder; Sentenced To Life In Prison

Patrick Carmody was sentenced to life in prison after being found guilty of first-degree felony murder and especially aggravated robbery in Judge Barry Steelman’s courtroom on Friday. He was charged with the slaying of 21-year-old Chance LeCroy on Sept. 9, 2010. The state’s account of the incident claimed that Carmody, Ronald Pittman, and Billy Bob Partin traveled ... (click for more)

Case Handled Like Any Other? - And Response

It is interesting that Chief Fletcher would deem the handling of the Mayor's encounter as typical or normal. Is the Chief asking the public to believe that all misdemeanor domestic violence arrests include a 4-hour taped interrogation, and delayed reporting after a visit to the Chief’s house. Of course, we believe that Chief Fletcher. April Eidson * * *  I ... (click for more)

Roy Exum: The Best Speech This Year

Just 24 hours after Donovan Livingston gave The Student’s Speech at Harvard University’s Graduate School of Education convocation on Wednesday, it had been viewed over 3 million times and shared 75,000 times on Facebook. It is already considered, far and away, as the freshest view on race and education in ages and its viral journey is burning across the Internet. His talk was ... (click for more)