More on Financial Services

Dec 10, 2013

Rep. Maloney Statement on Adoption of a Final Volcker Rule

WASHINGTON, DC – Rep. Carolyn B. Maloney (D-NY), a senior member of the House Financial Services Committee, and Ranking Member of its Subcommittee on Capital Markets and Government Sponsored Enterprises, issued the following statement on the adoption of a final Volcker Rule. In 2012 Maloney led 35 House members in calling for a strong Volcker Rule.

Dec 10, 2013

Rep. Maloney congratulates FHFA Director Mel Watt on Senate confirmation

WASHINGTON, DC – Rep. Carolyn B. Maloney (D-NY), a senior member of the House Financial Services Committee, and Ranking Member of its Subcommittee on Capital Markets and Government Sponsored Enterprises, issued the following statement on the Senate’s confirmation of Rep. Mel Watt as Director of the Federal Housing Finance Agency. 

Nov 26, 2013

Maloney Hails FHFA Decision to Retain Current Limits on Fannie Mae and Freddie Mac Backed Home Mortgages

WASHINGTON, DC - Congresswoman Carolyn B. Maloney, (NY-12), Ranking Member of the House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises, commended the Federal Housing Finance Agency’s (FHFA) announcement today to maintain the current limits on the size of home mortgages  that taxpayer-owned Fannie Mae and Freddie Mac can finance in 2014. Last month, Maloney led 65 members of Congress on a letter to FHFA Acting Director Ed DeMarco that urged FHFA not to reduce these mortgage sizes, also known as conforming loan limits.  

Nov 12, 2013

Rep. Maloney Hosts Policy Roundtable with Brooklyn Real Estate, Mortgage Industries, Housing Experts

Brooklyn, NY – Congresswoman Carolyn Maloney (NY-12), Ranking Member of the House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises, hosted a roundtable today at the Polish Slavic Federal Credit Union in Greenpoint to discuss proposed reforms to federal housing and mortgage finance laws with members of Brooklyn’s real estate and mortgage industries, as well as housing experts.

Nov 12, 2013

Rep. Maloney Hosts Housing Finance Policy Roundtable with Queens Real Estate, Mortgage Industries, Housing Experts

Long Island City, Queens – Congresswoman Carolyn Maloney (NY-12), Ranking Member of the House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises, hosted a roundtable today at the United Nations Federal Credit Union in Long Island City to discuss proposed reforms to federal housing and mortgage finance laws with members of Queens’ real estate and mortgage industries, as well as housing experts.

Oct 18, 2013

Maloney hails FHFA decision to maintain conforming loan limits

WASHINGTON, DC – Rep. Carolyn B. Maloney (D-NY), Ranking Member of the Subcommittee on Capital Markets and Government Sponsored Enterprises (GSE), offered the following statement in response to news that the Federal Housing Finance Agency has decided to not lower the cap on the size of loans that Fannie Mae and Freddie Mac can guarantee:

Oct 9, 2013

Maloney Opposes FHFA Proposal to Cut Multifamily Portfolios of Fannie and Freddie

WASHINGTON, DC – Rep. Carolyn B. Maloney (D-NY), Ranking Member of the House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises, today wrote the Federal Housing Finance Agency opposing further cuts to the multifamily businesses of Fannie Mae and Freddie Mac, the guarantors of $63 billion of loans backing multifamily apartment buildings per year nationwide.  

Oct 9, 2013

Maloney applauds nomination of Dr. Janet Yellen as Chair of the Board of Governors of the Federal Reserve System

WASHINGTON, DC – Rep. Carolyn B. Maloney (D-NY), senior member of the House Financial Services Committee, issued the following statement after reports of President Obama’s nomination of Dr. Janet Yellen as Chair of the Board of Governors of the Federal Reserve System:  

Oct 9, 2013

Rep. Maloney assails shutdown’s effect on nascent housing recovery

WASHINGTON, DC – Rep. Carolyn B. Maloney (D-NY), after today’s Oversight and Government Reform Committee hearing on “Examining the IRS’s Role in Implementing and Enforcing ObamaCare” assailed the Committee majority’s obsession with the IRS and the House majority’s obsession with the Affordable Care Act.

Oct 2, 2013

Rep. Maloney hails findings of first official CFPB report on effects of The Credit CARD Act

WASHINGTON, DC – Rep. Carolyn B. Maloney (D-NY), senior member of the House Financial Services Committee and principal author of the Credit CARD Act, hailed the first biennial report issued by the Consumer Financial Protection Bureau-- required under the CARD Act-- examining the consumer credit card market, including “the effect of the Act on the cost and availability of credit and the adequacy of protections for consumers relating to credit card plans.”  

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