Washington, DC – Today, in reaction to the Senate’s confirmation of Mel Watt as Director of the Federal Housing Finance Agency (FHFA), National Community Reinvestment Coalition (NCRC) President and CEO John Taylor made the following statement:
“We applaud the confirmation of Mel Watt as Director of the FHFA. He is a well-qualified, pragmatic leader who will work to ensure that access to credit and the affordable housing goals are a priority at Fannie Mae and Freddie Mac. We will now have an FHFA Director who will do what is best for American taxpayers, homeowners, and most importantly, working-class Americans climbing their way up the economic ladder.”
In May of 2013, NCRC applauded the nomination of Mel Watt and called for his swift confirmation.
About the National Community Reinvestment Coalition (NCRC):
The National Community Reinvestment Coalition is an association of more than 600 community-based organizations that promote access to basic banking services, including credit and savings, to create and sustain affordable housing, job development and vibrant communities for America’s working families.
