US Lawmaker Asks Administration To Investigate Mortgage Lenders
WASHINGTON (Dow Jones)–Sen. Jeff Merkley (D., Ore.) on Monday urged the Obama administration to start an independent investigation of Ally Financial and other servicers of home mortgages after the discovery that many foreclosure documents had not been properly reviewed. “I urge you to jointly appoint an independent investigator to examine
Merkley Announces an Additional $82 Million for Oregon Foreclosure Assistance
Washington, D.C. – Oregon’s Senator Jeff Merkley announced today that the U.S. Department of Treasury has awarded an additional $82 million to the Oregon Housing Finance Agency for the Hardest Hit Fund program. This brings a total of $220 million in federal assistance to Oregon for foreclosure-prevention assistance. “The only
To fix economy, put middle class first
It’s easy to miss between all the cable news diatribes and political posturing, but there are real philosophical differences in how Democrats and Republicans believe we can produce prosperity. My fellow Democrats and I believe the middle class drives our economy — when middle-class families do well, America does well.
Merkley, Wyden Announce over $7 million in Recovery Act Funding to Improve Water System in Sutherlin
Washington, D.C. – Oregon’s U.S. Senators Jeff Merkley and Ron Wyden announced today that the U.S. Department of Agriculture has awarded more than $7 million to improve the water system in Sutherlin, Oregon. The Recovery Act funding will go toward improving the health, sanitation and infrastructure of the water system,
Merkley: Small Business Bill is Great News for Job Creation
Washington, D.C. – The U.S. Senate passed the Small Business Jobs Act Thursday by a vote of 61 to 38. The legislation includes two programs modeled on legislation introduced by Oregon’s Senator Jeff Merkley: The Small Business Lending Fund and the Small Business Jump Start Act. “Small businesses in Oregon
Merkley: Warren is the Right Choice to Lead the Consumer Financial Protection Bureau
Washington, D.C. – Oregon’s Senator Jeff Merkley released the following statement after the news of Elizabeth Warren’s pending appointment to head the effort to get the Consumer Financial Protection Bureau established: “There isn’t a candidate more fit to get the new Consumer Financial Protection Agency up and running than Elizabeth
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