Comments on:

Republicans rebuff industry lobbyists, block Mel Watt nomination

Back to the article » By |
Mortgage bankers, realtors, and home builders all lobbied Republican senators to approve industry-friendly, big government-friendly Congressman Mel Watt as the chief regulator for Fannie Mae. Republican leaders, however, formed a unified front against the Obama administration and the bailed-out housing industry. The Mortgage Bankers Association , National Association of Homebuilders, and...