<html><head><base href="x-msg://176/"></head><body style="word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space; "><div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px;"><span class="Apple-style-span" style="font-family: Helvetica; font-size: 16px; "><img width="222" height="89" alt="Rebuild the Dream" id="e34030c7-2658-492b-b7c0-c215e3472504" apple-width="yes" apple-height="yes" src="cid:D628D2A7-FC13-4986-A90D-4D516A452CFF@att.net"></span><font class="Apple-style-span" face="Helvetica"><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 16px/normal Helvetica; ">Just in case you don't get these emails...</div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 16px/normal Helvetica; min-height: 19px; "><br></div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 13px/normal Helvetica; color: rgb(85, 85, 85); ">Remember Ed DeMarco, the acting director of the Federal Housing Finance Agency (FHFA), which regulates the government mortgage giants Fannie Mae and Freddie Mac? He's back in the news.</div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 13px/normal Helvetica; color: rgb(85, 85, 85); min-height: 16px; "><br></div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 13px/normal Helvetica; color: rgb(85, 85, 85); ">DeMarco is the Bush appointee who has been dragging his heels and blocking Fannie and Freddie from engaging in targeted principal reductions (resetting home loans to fair market value) for struggling, underwater homeowners on the grounds that it would cost the taxpayers too much.</div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 13px/normal Helvetica; color: rgb(85, 85, 85); min-height: 16px; "><br></div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 13px/normal Helvetica; color: rgb(85, 85, 85); "><b>Today, two things happened. First, FHFA produced a study that said principal reductions would actually <i>save</i> taxpayers more than a billion dollars. And then DeMarco announced that <i>he still wouldn't allow any principal reductions!</i><span style="font: 11.0px Helvetica"><i>1</i></span></b></div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 11px/normal Helvetica; color: rgb(85, 85, 85); min-height: 13px; "><br></div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 13px/normal Helvetica; color: rgb(85, 85, 85); min-height: 16px; "><br></div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 13px/normal Helvetica; color: rgb(47, 79, 174); "><b>Share now: "Tell President Obama: If DeMarco won't change his mind, he needs to change jobs. Fire him today!"</b></div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 13px/normal Helvetica; color: rgb(47, 79, 174); min-height: 16px; "><b></b><br></div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 13px/normal Helvetica; color: rgb(85, 85, 85); "><b>Almost 90,000 of you have already called for DeMarco to be fired.</b> And President Obama is listening -- his administration has pushed DeMarco to drop his opposition and offered the Treasury Department's help to Fannie and Freddie in making it all work. Today, Secretary Geithner even released a letter challenging DeMarco's logic and calling on him to change his mind.<span style="font: 11.0px Helvetica">2</span></div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 11px/normal Helvetica; color: rgb(85, 85, 85); min-height: 13px; "><br></div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 13px/normal Helvetica; color: rgb(85, 85, 85); ">It's important to know we've got allies in the White House. But while homeowners are still struggling to hang on to the homes where they've built lives and lasting memories... it's just not enough. DeMarco needs to go.</div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 13px/normal Helvetica; color: rgb(85, 85, 85); min-height: 16px; "><br></div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 13px/normal Helvetica; color: rgb(85, 85, 85); "><b>DeMarco is now officially out of arguments.</b> Principal reductions are the most direct way of helping people whose home values plummeted after the banks crashed the economy, but are left owing those same banks thousands more than their homes are worth. They would save taxpayers money by preventing losses from default and foreclosure. The program is already designed to weed out people who don't really need help -- in fact, the bigger problem is that it's not broad enough!</div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 13px/normal Helvetica; color: rgb(85, 85, 85); min-height: 16px; "><br></div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 13px/normal Helvetica; color: rgb(85, 85, 85); "><b>And most importantly, this would keep families from losing their homes!</b> This is nothing more than callous, cold-hearted opposition to something that would help millions of real people instead of banks.</div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 13px/normal Helvetica; color: rgb(85, 85, 85); min-height: 16px; "><br></div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 13px/normal Helvetica; color: rgb(47, 79, 174); "><b>Make sure your friends know what's going on. Click here to share.</b></div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 13px/normal Helvetica; color: rgb(47, 79, 174); min-height: 16px; "><b></b><br></div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 13px/normal Helvetica; color: rgb(85, 85, 85); ">This fight over homeowners is the epicenter of the huge debate going on in our nation today. At question is whether our government works for big banks, or for the middle class... and we need our leaders to pick the right side.</div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 13px/normal Helvetica; color: rgb(85, 85, 85); min-height: 16px; "><br></div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 13px/normal Helvetica; color: rgb(85, 85, 85); ">Let's go, Natalie and the rest of the Rebuild the Dream Team</div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 13px/normal Helvetica; color: rgb(85, 85, 85); min-height: 16px; "><br></div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 13px/normal Helvetica; color: rgb(85, 85, 85); ">Sources: 1) "Regulator Rebuffs Obama on Plan to Ease Housing Debt," NY Times - <span style="color: #2f4fae">7/31</span>. 2) "Letter from Secretary Geithner to Acting FHFA Director DeMarco," U.S. Treasury Department - <span style="color: #2f4fae">7/31</span>.</div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 13px/normal Helvetica; color: rgb(85, 85, 85); min-height: 16px; "><br></div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 13px/normal Helvetica; color: rgb(85, 85, 85); ">Rebuild the Dream is a platform for bottom-up, people-powered innovations to help fix the U.S. economy. You can <span style="color: #2f4fae">follow us on Twitter</span>, and <span style="color: #2f4fae">like us on Facebook</span>.</div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 13px/normal Helvetica; color: rgb(85, 85, 85); min-height: 16px; "><br></div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 13px/normal Helvetica; color: rgb(85, 85, 85); ">Was this email forwarded to you? Click <span style="color: #2f4fae">here</span> to add yourself to Rebuild the Dream’s email list.</div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 13px/normal Helvetica; color: rgb(85, 85, 85); min-height: 16px; "><br></div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 13px/normal Helvetica; color: rgb(85, 85, 85); ">If you don't want to receive emails from us anymore, you can remove yourself from our list by clicking <span style="color: #2f4fae">here</span>. We’re sorry to see you go, and we'll miss you!</div></font></div></div></body></html>