Corker Supports Administration Plan To Wind Down Fannie Mae And Freddie Mac

Thursday, June 21, 2018

U.S. Senator Bob Corker, a member of the Senate Banking Committee, Thursday released the following statement on the administration’s proposal to wind down government-sponsored enterprises Fannie Mae and Freddie Mac. The proposal was included in a plan released Thursday by the administration to reform and reorganize the federal government. 

“It is long past time to end the failed model of private gains and public losses, and I agree with the administration that creating competition is a critical step as we work to shrink Fannie and Freddie and put an end to ‘too big to fail’ mortgage companies,” said Senator Corker.

“The framework unveiled today by Director Mulvaney is the right one and closely resembles the approach we laid out in recent legislative drafts developed on a bipartisan basis in the Senate. I am hopeful the reorganization plan will help continue to grow support for the need to address the last unfinished business of the financial crisis.”

 


RE/MAX Mountain Properties Raises Over $26,000 For Children’s Hospital At Erlanger

Decision On Controversial Single-Family Home Project Near Pineville Road Delayed Until Dec. 11

Planning Commission Recommends Approval For Multi-Family On North Chattanooga Hillside


RE/MAX Mountain Properties in Murphy, N.C. has raised over $26,000 for Children’s Hospital at Erlanger this year through the Miracle Home and Miracle Property programs. RE/MAX Mountain ... (click for more)

A controversial project involving the construction of 61 single-family homes on Stringer's Ridge above Pineville Road has been delayed. A number of nearby residents protested the project ... (click for more)

The Planning Commission on Monday recommended approval for six multi-family homes on a North Chattanooga hillside, replacing three existing Craftsman style homes. Glen Craig of Craig Design, ... (click for more)


Real Estate

RE/MAX Mountain Properties Raises Over $26,000 For Children’s Hospital At Erlanger

RE/MAX Mountain Properties in Murphy, N.C. has raised over $26,000 for Children’s Hospital at Erlanger this year through the Miracle Home and Miracle Property programs. RE/MAX Mountain Properties Associates make a donation to Children’s Miracle Network Hospitals (CMN) after each residential and commercial transaction. These agents have donated $25 from each transaction to ... (click for more)

Decision On Controversial Single-Family Home Project Near Pineville Road Delayed Until Dec. 11

A controversial project involving the construction of 61 single-family homes on Stringer's Ridge above Pineville Road has been delayed. A number of nearby residents protested the project by William Wilson of Beason View Land Company at a meeting of the City Council. Donna Shepherd, representing the developer, asked for a 30-day deferral to hold a community meeting and ... (click for more)

Breaking News

State Chooses Not To Proceed With Road Rage Case Against Longtime Talk Show Host Jeff Styles

The state is declining to continue the prosecution of longtime Talk Radio host Jeff Styles in a road rage case. District Attorney Neal Pinkston signed a "no bill" on the aggravated assault charge. Attorney Lee Davis said, " Jeff Styles called 911 after he was shot. He cooperated in the police investigation and testified in court. Jeff has done everything possible to be fully ... (click for more)

Man Injured Early Thursday Morning When Tree Falls On House

A man was injured early Thursday morning when a tree fell on his house. The Chattanooga Fire Department received the alarm around 3:30 a.m. and responded to 7317 Elaine Circle with several fire companies. Battalion Chief David Thompson Jr. said the department's Urban Search and Rescue Team (USAR) was requested in case a rescue was needed, but the entire family, including two ... (click for more)

Opinion

County Commissioners, Stop Pandering And Lead - And Response

There is no shortage of public need in Hamilton County, and only a limited amount of revenue and capital bond issues. I cannot admire or appreciate an elected Hamilton County Commission that leads by warm and fuzzy kitty emotions over real and tangible needs. As Commissioner Tim Boyd correctly stated, there is immediate and emergent need for police and fire training facilities. ... (click for more)

Roy Exum: The Lamar Rants

Being a child of the South, I’ve marveled at our funny sayings for all of my life. I’ve been at a football game and heard a disgruntled fan in the stands say of his team’s quarterback, “That boy couldn’t play dead in a cowboy movie.” I’ve been at the Sunday supper table and heard, “I’m of a mind each one of his sermons is better than the next.” And I’ve sat in a Saturday morning ... (click for more)