Lofgren & CA Dem Members request aggressive action to prevent foreclosures

WASHINGTON - Twenty-seven members of the California Democratic Congressional Delegation, led by Rep. Zoe Lofgren, today sent a letter to President Obama requesting more aggressive action to prevent foreclosures and resuscitate the ailing housing market.

"For over a year-and-a-half, we've corresponded with the President and met with Secretaries Donovan and Geithner and FHFA Acting Director DeMarco, urging swift and immediate action to help our constituents. There still seems to be no bold or effective action taken by the Administration. We have asked to meet with the President as soon as possible to discuss ways to advance meaningful relief and effective solutions for the housing market," said Lofgren.

Click here to read the full letter.