Corker Sees “Real Opportunity” To Complete Work On Housing Finance Reform

Thursday, May 18, 2017
During a hearing Thursday to receive an international and domestic policy update from U.S. Treasury Secretary Steve Mnuchin, Senator Bob Corker expressed optimism about the prospects of congressional action on housing finance reform.
 
“It’s my sense that you’re strongly committed to finally dealing with housing finance reform in an appropriate way, is that correct?” asked Senator Corker.
 
“That is correct, and I hope that’s something we can do on bipartisan basis,” replied Mr.
Mnuchin.
 
“The only real way to do that is through congressional action,” continued Senator Corker. “Is that correct?”
 
“My strong preference is to do it through congressional action and working with you and your colleagues,” answered Secretary Mnuchin. “I will say that, obviously, the Treasury has a lot of exposure and taxpayers are at risk, but my strong preference is to do it exactly as you’ve described.”
 
In closing, Senator Corker thanked Mr. Mnuchin for his interest in housing finance reform and expressed his desire to complete the last major piece of unfinished business from the 2008 financial crisis.
 
“I feel for the first time a real opportunity to align not just the interest of U.S. taxpayers and the fact that we want to have a housing finance system that is robust but also, in fairness, one that more fully aligns the public sector interest and the private sector interest,” concluded Senator Corker. “I look forward to hopefully completing the work that… really should have been front and center on financial reform when we did it in 2010. And I want to thank you for your concern, your interest and, hopefully, involvement in bringing this to a close.”



Tenants Moving Into Restored Elks Building

Though all the work is not completed, tenants are already moving into the restored Elks Building at 7th and Walnut streets. Tiffanie Robinson, of Lamp Post Properties, said River Street Architecture has moved into the fourth floor, where the Elks once had a ballroom. She said Woods Engineering has taken half of the third floor and will occupy the space in about three weeks. ... (click for more)

Real Estate Transfers For Feb. 15-21

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)

Report Of Shots Fired At Hamilton Place Mall Sends Crowd Scrambling; No Victims Found

A report of shots fired at Hamilton Place Mall shortly after 6 p.m. on Saturday sent customers at the mall racing out in a panic. Police later said no shooting victims had been found. A call to 911 at 6:07 p.m. said there was an "active shooter." There was a call for EMS to the mall, then another call at 6:10 p.m. of an "active shooter." Those in the vicinity of the mall said ... (click for more)

Signal Facing Decisions On Expanding Commercial Area Past Albert Road, Mountain Community Center And Water Service

The design review committee (DRC) of the town of Signal Mountain is in the process of establishing standards for commercial buildings. In the meantime, developer Bob Elliott would like to buy property at the corner of Taft Highway and Albert Road. Albert Road has traditionally been where the commercial property ends. A number of residents in the neighborhood around that area are ... (click for more)

Legislators: Protect Our Students And Teachers

When students step into their classrooms, they are there to learn and prepare for their future. Our teachers serve to advance each student’s education and guide them towards success.  Educators have an additional responsibility: maintaining the trust and respect of their students by conducting themselves professionally and responsibly. The vast majority of our ... (click for more)

Roy Exum: Why CNN Is Gonna Croak

I believe CNN (Cable News Network) has become one of the most disappointing news sources America has ever known in the last five years. The bastions of sound journalism no longer exist as the once-great organization has gone the way of liberal loathing. Its new basis-of-fact cannot be trusted and the overwhelming bias against conservatives in our nation is as morbid as it is frightening. ... (click for more)