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Titus to Host Housing Workshop on Foreclosure Prevention on Saturday
August 5, 2010 – Washington, D.C. – Congresswoman Dina Titus of Nevada’s Third District will host another housing workshop on Saturday, August 7 from 9 a.m. to 1 p.m. at Spring Valley High School. The purpose of the workshop is to provide people in the community with help and information on foreclosure prevention, loan modification, refinancing options, and expanded eligibility for certain programs.
The workshop will bring together representatives from the government, banks, and community housing and counseling organizations in order to answer questions and find solutions in an effort to keep people in their home.
In order to move people further along in the process of getting assistance, homeowners are encouraged to bring copies of the following: bank statements from the last two months, pay stubs from the last two months, a list of monthly expenses, hardship letter, and 2009 tax returns. Southern Nevadans interested in attending can contact Congresswoman Titus’ District Office at 702-387-4941 with any questions.
WHO:
Area banks and lenders
Housing and counseling organizations
WHAT:
Housing Workshop on Foreclosure Prevention
WHEN:
Saturday, August 7, 2010 from 9 a.m. to 1 p.m.
WHERE:
Spring Valley High School
3750 S. Buffalo Drive
Las Vegas
Titus Joins in Introduction of Bill for $250 Payments to Social Security Beneficiaries
July 30, 2010 – Washington, D.C. – Congresswoman Dina Titus of Nevada’s Third District joined today with nine of her House colleagues to introduce important legislation that will help Nevada’s seniors who are struggling during this tough economic time. The legislation, the Seniors Protection Act, will provide a one-time payment of $250 to Social Security beneficiaries if they do not receive a cost-of-living adjustment (COLA) next year.
“The economic recession has taken a toll on all Nevadans, but seniors have been deeply affected as they watched their hard-earned nest egg shrink while the stock market dropped,” Congresswoman Titus said. “The overall cost of living may not have increased, but costs that disproportionately affect seniors, such as health care, have continued to rise. At a time when every dollar counts, this critical legislation will provide seniors with a much-needed boost to help them put food on the table, afford life-saving medication, and pay their mortgages.”
It is expected that the Social Security Administration will announce that there will be no COLA in 2011 for Social Security benefits. This would mark the first time ever that Social Security retirees, veterans, and people with disabilities would see no increase for two consecutive years. The cost of the bill will be offset and compliant with pay-as-you-go rules.
Since coming to Congress, Titus has been a leader on issues affecting Nevada’s seniors. Last year, Titus introduced the Medicare Premium Fairness Act to protect seniors from an increase in Medicare premiums at a time when they were not receiving a COLA. Titus also supported health care reform that closes the donut hole that leaves seniors paying high out-of-pocket costs for prescription drugs, improves Medicare Advantage, and extends the solvency of the Medicare trust fund. In addition, Titus fought to include a provision in Wall Street reform legislation that protects seniors from predatory lending involving reverse mortgages. Her work will help ensure that seniors do not fall victim to predatory practices and lose the equity they have built up in their homes through a lifetime of hard work.
Titus Letter to Shinseki on Reports of Deceptive Practices by Insurance Companies Against Families of Fallen Soldiers
July 30, 2010 – Washington, D.C. – Congresswoman Dina Titus of Nevada’s Third District sent the following letter to Veteran Affairs Secretary Eric Shinseki last night on reports that insurance companies are using deceptive practices to take advantage of families of fallen soldiers.
Below is the text of the letter:
July 29, 2010
The Honorable Eric K. Shinseki
U.S. Department of Veterans Affairs
810 Vermont Avenue, NW
Washington, DC 20420
Dear Secretary Shinseki,
I appreciate the work that you and the Obama administration are doing to improve the VA and provide high quality services to our veterans.
I write today to voice my outrage regarding an article published on July 28, 2010, by Bloomberg News, “Fallen Soldiers' Families Denied Cash as Insurers Profit.” This shocking story outlines a disgraceful business practice by Prudential Alliance which allows the company to benefit monetarily from the death of soldiers while largely concealing this practice from the families of fallen soldiers. As you know, this article explained that Prudential appears to be holding funds paid for life insurance accounts from families and garnering significant income from interest payments, while paying significantly less to the families.
I urge you to conduct a thorough investigation of these practices as quickly as possible. I also support the VA considering future use of the Alliance Account program. I strongly urge you, furthermore, to take every action to ensure that families receive every penny that they deserve and prevent Prudential from retaining these unfairly and dishonestly obtained profits.
Please know that I stand ready to work with you on legislative actions to permanently prohibit this deceptive practice. The families of our deceased soldiers deserve much better.
Sincerely,
Dina Titus
Member of Congress
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