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House Members Send Letter to FHFA Voicing Opposition to Lawsuit Against City of Chicago

WASHINGTON, DC–(ENEWSPF)–December 20, 2011. Today Rep. Jan Schakowsky and 15 House colleagues sent a letter to the Federal Housing Finance Agency (“FHFA”) Acting Director Edward DeMarco calling on the agency to end legal obstructionism against states and localities with ordinances designed to protect communities from damage caused by abandoned properties.

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 On December 12, the Federal Housing Finance Agency (“FHFA”) filed a lawsuit against the city of Chicago claiming that a city ordinance requiring mortgage servicers…

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