The Foreclosure Crisis

Floor Speech

Date: July 30, 2009
Location: Washington, DC


The Foreclosure Crisis

Ms. TITUS. Mr. Speaker, during the upcoming work session, I will return to southern Nevada, which is ground zero for the foreclosure crisis that triggered our current recession. During my time at home, I will be working with constituents who need help with their mortgages, many in homes that are underwater.

Families throughout my district are struggling to make their mortgage payments, and one out of every 16 homeowners in Nevada has faced a foreclosure filing. Folks in District Three clearly need assistance to stay in their homes and avoid foreclosures.

Tonight in kitchens across the country and in every congressional district, families worry about losing the roof over their heads. I'm sure that every one of my colleagues in Congress will hear from such families during the upcoming district work period. I hope they will bring their stories back to Washington. And when Congress reconvenes in September, let us place a renewed focus on helping families stay in their homes and providing them the assistance they need.

There is much more that Congress can and should do, and I commit to working on this issue when we come back after Labor Day. I hope you will all join me in this effort.


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