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Today, the Federal Housing Finance Agency announced changes to short sale policies that will make it easier for military homeowners with Fannie Mae and Freddie Mac mortgages to honor their financial commitments when they are issued a Permanent Change of Station (PCS) order.
Changes to the short sale policies will alleviate some of the issues faced when a member of the armed forces receives a PCS order including the burden of having to sell their home in a different housing market.
Congressman Smith (WA-09 ) made the following statement on the decision by the Obama Administration to protect DREAM-eligible youth from deportation:
"Recent discussions about the economy outlined today reflect sharp contrasts in visions for our economic future.
Congressman Smith (WA-09) today congratulated the Washington State Employment Security Department (ESD) for being awarded a $1 million grant from the U.S. Department of Labor's Employment and Training Administration to build or expand longitudinal databases and link them to education data.
The ESD will be expected to use the advanced databases to determine the effectiveness of workforce and educational programs and to better inform customers of training opportunities, employment services and unemployment insurance.
Individuals who have been involved a foreclosure, may have the opportunity to have their loan file independently reviewed. Watch this video from the Federal Reserve Board to learn more, and visit www.IndependentForeclosureReview.com to see if you may qualify.
House Armed Services Committee Ranking Mem
House Armed
Congressman Adam Smith (WA-09), made the following statement today in celebration of LGBT Pride month, which is celebrated during the month of June:
I have heard from several constituents regarding an amendment to the National Defense Authorization Act (NDAA) I co-sponsored with Congressman Mac Thornberry that would modernize the Smith-Mundt Act of 1948. Unfortunately, recent articles have misinterpreted the intent and impact of the Thornberry-Smith amendment to the NDAA and I would like to take this opportunity to clarify misconceptions about what the amendment does.