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Advocating for The Expansion of the Home Affordable Refinance Program

2013 State of the Union Address and the #DumpDeMarco Initiative

Tonight President Obama will deliver the 2013 State of the Union Address. The economy is expected to once again be a main focus of this year’s address, however it is unclear if housing policy will be a prominent topic like last year. During the 2012 State of the Union Address President Obama pushed for a broad home refinance initiative aimed at aiding underwater homeowners. That laid the groundwork for the #myrefi HARP 3.0 initiative. Due to partisanship politics in Congress and amongst policy makers at the FHFA HARP 3.0 has yet to become a reality. The President may or may not emphasize housing policy during the 2013 State of the Union Address, however the 12 million underwater homeowners in the U.S. can still use this opportunity to raise the priority on this issue via social media. Tracy Van Slyke of the New Bottom Line has been organizing a movement that calls for President Obama to fire FHFA director Ed DeMarco within the first 100 days of his second term as president. Tracy is using the opportunity to make hashtag #DumpDeMarco trend on twitter during the State of the Union Address. You can join this effort by tweeting the following message at the start of the address:

Who is the roadblock to economic progress? Meet the Bush appointee that works for Obama. http://dumpdemarconow.com #DUMPDeMarco #SOTU

To make the effort even easier Tracy has set up a Thunderclap project to time the tweets to occur at the exact same moment for maximum effect. Simply register for the #DumpDemarco Thunderclap and your voice can be heard during the State of the Union Address. Here is the link to join the effort:
https://www.thunderclap.it/projects/1254-now-is-the-time-dumpdemarco

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Updated: February 12, 2013 — 12:30 pm

2 Comments

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  1. the bush appointee Ed DeMarco should have been replaced years ago
    yet he’s still there blocking progress for the severely underwater homeowner.

    when will he be replaced and true help to fannie mae & freddie mac backed loans happen?

  2. We are still waiting for Ed DeMarco to be replaced.

    There are millions of homeowners Severely underwater because Fannie Mae /Freddie Mac have refused to offer real help.

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