Close to three out of every 10 homeowners are underwater on their mortgages. They're trapped by debt — owing more than their home is worth, unable to sell and move to find new work, trapped in loans with interest rates often far higher than what's available today.
This vicious circle is driving many homeowners into default and foreclosure, and there's one bureaucrat standing in the way of relief: Edward DeMarco, a Bush holdover, still in office only because Senate Republicans blocked a vote on his replacement.
Use the form below to tell Edward DeMarco to help underwater homeowners — or be removed.