Statement By A.G. Schneiderman On The Confirmation Of Mel Watt As Director Of The Federal Housing Finance Agency

NEW YORK – Today, the United States Senate voted 57-41 to confirm Congressman Mel Watt as director of the Federal Housing Finance Agency. The following statement can be attributed to Attorney General Eric T. Schneiderman regarding this important confirmation:

“Today's vote is a true victory for working families in New York and across the nation. I applaud the Senate for finally putting in place a permanent head of the Federal Housing Finance Agency who can advocate on behalf of homeowners desperately in need of mortgage relief. This confirmation marks a turning point for the FHFA and an opportunity to further our economic recovery by directly combating the foreclosure crisis. I look forward to working with Director Watt in our efforts to keep struggling New Yorkers in their homes."
For more information on Attorney General Schneiderman's push to confirm Congressman Watt as head of the FHFA, please read his statement on Congressman Watt's nomination or this May 2013 op-ed in the New York Daily News.