Mel Watt

Frank Introduces Mortgage Reform Bill; Would Make Secondary Market Issuers Partially Liable for ‘Bad Loans’ 

Reps. Brad Miller (D-NC), Mel Watt (D-NC) and Barney Frank (D-MA) today introduced new legislation intended to “combat abuses in the mortgage lending market,” according to a joint press statement issued today by the House Financial Services Commitee.