Congress must not let the Mortgage Forgiveness Debt Relief Act expire at the end of the year. Today 12 million Americans are on the verge of losing their homes because they owe more money than their home is worth.
One of the things we always need to be careful of is letting down after a big fight comes to a conclusion. With the banking settlement finished, one phase of the fight for Wall Street accountability is over, but now we enter an even more important next phase.
Why is Edward DeMarco still in this important post? We need leaders to solve our housing problem. Instead, this responsibility has been left in the hands of an ideologue whose deregulatory dream world is made up of nothing but rainbows.