Setting the Record Straight: Keeping people in their homes
THE CLAIM: Sharron Angle’s new ad desperately tries to blame Harry Reid for the decline in Nevada's real estate values.
THE FACTS: False and Hypocritical. As a state legislator and a candidate Sharron Angle has a long history of fighting against the very measures that could have prevented the foreclosure crisis. As a Senator, no one has done more than Harry Reid to address Nevada’s housing crisis.
1. Reid delivered more than $100 million to Nevada this past year to help residents stay in their homes. This was more per capita than any other state. [Las Vegas Sun, 2/19/10]
2. Reid publicly and privately held Bank of America’s feet to the fire for not doing enough to help Nevada homeowners. This resulted in the opening of three new homeowner resource centers, additional staff that will work in tandem w/ Sen. Reid’s office, & a new hotline to address the concerns of homeowners. [KTNV, 5/14/10]
3. Sen. Reid opened his office up to struggling homeowners who were getting the runaround from their lenders. His staff works with hundreds of Nevada families to help get them back on their feet. [Review-Journal, 10/18/09]
4. Sharron Angle has gone on record opposing Wall Street reform or any kind of oversight of the big banks. She actually believes there’s “too much regulation” of the very people who caused this crisis, and wants to let them do whatever they want. Sen. Reid led the passage of Wall Street reform that holds the big banks accountable and will prevent a crisis like this from happening again. [Las Vegas Sun, 4/28/2010, [Las Vegas Sun, 4/18/2010]
5. In the state assembly, Angle actually voted AGAINST tougher regulation of the mortgage industry on numerous occasions. [AB 64, 4/30/99; Associated Press, 5/1/99; Associated Press, 5/31/99, [AB 490, 5/31/03; Reno Gazette-Journal, 8/22/03; Associated Press, 6/4/03]
Setting the Record Straight: Keeping people in their homes
THE CLAIM: Sharron Angle’s new ad desperately tries to blame Harry Reid for the decline in Nevada's real estate values.
THE FACTS: False and Hypocritical. As a state legislator and a candidate Sharron Angle has a long history of fighting against the very measures that could have prevented the foreclosure crisis. As a Senator, no one has done more than Harry Reid to address Nevada’s housing crisis.
1. Reid delivered more than $100 million to Nevada this past year to help residents stay in their homes. This was more per capita than any other state. [Las Vegas Sun, 2/19/10]
2. Reid publicly and privately held Bank of America’s feet to the fire for not doing enough to help Nevada homeowners. This resulted in the opening of three new homeowner resource centers, additional staff that will work in tandem w/ Sen. Reid’s office, & a new hotline to address the concerns of homeowners. [KTNV, 5/14/10]
3. Sen. Reid opened his office up to struggling homeowners who were getting the runaround from their lenders. His staff works with hundreds of Nevada families to help get them back on their feet. [Review-Journal, 10/18/09]
4. Sharron Angle has gone on record opposing Wall Street reform or any kind of oversight of the big banks. She actually believes there’s “too much regulation” of the very people who caused this crisis, and wants to let them do whatever they want. Sen. Reid led the passage of Wall Street reform that holds the big banks accountable and will prevent a crisis like this from happening again. [Las Vegas Sun, 4/28/2010, [Las Vegas Sun, 4/18/2010]
5. In the state assembly, Angle actually voted AGAINST tougher regulation of the mortgage industry on numerous occasions. [AB 64, 4/30/99; Associated Press, 5/1/99; Associated Press, 5/31/99, [AB 490, 5/31/03; Reno Gazette-Journal, 8/22/03; Associated Press, 6/4/03]
