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    CRL Statement on Representative Watt's Nomination to Lead Housing Agency

    DURHAM, NC--(Marketwired - October 31, 2013) - CRL remains a strong supporter of Congressman Watt to head the Federal Housing Finance Agency. Rep. Watt is eminently qualified to run the agency and help put the housing market on the right path. We are deeply disappointed with today's outcome and urge the Senate to reconsider this important nomination.

    About the Center for Responsible Lending: The Center for Responsible Lending is a nonprofit, nonpartisan research and policy organization dedicated to protecting homeownership and family wealth by working to eliminate abusive financial practices. CRL is affiliated with Self-Help, one of the nation's largest community development financial institutions.

    For more information:
    Ellen Schloemer
    (919)539-9092
    ellen.schloemer@responsiblelending.org