The Housing Crisis Drags Down the Economic Recovery
This column was submitted to the The National Newspaper Association via the Congressional Black Caucus.
The Housing Crisis Drags Down the Economic Recovery
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This column was submitted to the The National Newspaper Association via the Congressional Black Caucus. Foreclosure Prevention Tips
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The loss of a home is a terrible burden on a family. Georgians know all too well that foreclosures have been at record levels. Over the last two years, Congressman Scott's office has fielded thousands of calls from constituents facing foreclosure problems. Each case is unique and none are easy. It may be useful to consider some tips that the staff has compiled… Investigating Community Bank Failures
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Update 8/2/2011 - Congressmen Scott and Westmoreland will host a Congressional hearing in Georgia to review community banks failures. For updates, check back at this link. What: Subcommittee on Financial Institutions and Consumer Credit will hold a field hearing entitled “Potential Mixed Messages: Is Guidance from Washington Being Implemented by Federal Bank Examiners?” When:… Congressman David Scott Announces "Help for Homeowners Community Events"
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Congressman David Scott [GA-13], in partnership with the U.S. Departments of Treasury and Housing and Urban Development (HUD), will host the powerful two-day “Help for Homeowners Community Events” on Friday, June 17, 11am-7:30pm and Saturday, June 18, 9am-3pm. These events will take place at the Georgia International Convention Center in College Park. These events are free… CONGRESSMAN SCOTT: SAVE GEORGIA’S NEIGHBORHOODS FROM BLIGHT
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Today, the U.S. House of Representatives voted to end the Neighborhood Stabilization Program (NSP). The NSP provides funding to help local communities deal with large numbers of foreclosures and abandoned properties. Congressman Scott opposed this effort to abandon neighborhoods in his district. “Thousands of Georgians are struggling to stay in their homes and keep their… Flood Funding Coming to Cobb and Douglas Residents
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You can read more about this by clicking on 11 Alive, the Atlanta Business Chronicle, and the Douglasville Neighbor. On July 28, Congressman Scott voted for supplemental FEMA funding for property buyouts in the Atlanta suburbs. The funding is included as a part of H.R. 4899, the Supplemental Appropriations Act of 2010. H.R. 4899 is now headed to the President’s desk to be signed… House Passes National Flood Insurance Program
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Washington, DC – Today, the US House passed H.R. 5114, the Flood Insurance Reform Priorities Act of 2010. H.R. 5114 will reauthorize and improve the National Flood Insurance Program (NFIP), which is the primary source of reliable, affordable flood insurance coverage for millions of American homes and businesses. The bill includes an amendment by Congressman Scott to allow NFIP premiums… Mortgage Assistance Event July 30-31
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Congressman David Scott invites you to attend the Help For Homeowners Community Event sponsored by the US Departments of Treasury and HUD. WHO: US Departments of Treasury and HUD; Neighborworks; and private mortgage lenders WHAT: Free homeowners meetings with HUD-approved housing counselors and mortgage lenders for loan assistance WHEN: Friday, July 30, 1:00 p.m. - 7:30 p.m.… Congressman Scott Votes for Reform of Wall Street Corruption
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Today, Congressman David Scott voted to reform Wall Street practices that created a financial meltdown and ruined the finances of thousands of Georgians. Congressman Scott voted to protect consumers from predatory lending, confusing fine print, and industry gimmicks while ensuring the end of taxpayer-funded bailouts. To watch a clip of Congressman Scott discussing this bill click here.… Committee Passes Congressman Scott’s Amendment
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The House Financial Services Committee passed H.R. 5114, the Flood Insurance Reform Priorities Act of 2010, by voice vote. H.R. 5114 will reauthorize and improve the National Flood Insurance Program (NFIP), which is the primary source of reliable, affordable flood insurance coverage for millions of American homes and businesses. During the markup, the committee approved an amendment by… Browse Documents by Date or Issue |