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Amalgamated Bank Joins with Center for Responsible Lending, National Action Network and Other Civil Rights & Consumer Advocates to Call on FHFA to Protect Fannie Mae and Freddie Mac

Keith Mestrich, President and CEO of Amalgamated Bank, released the following statement on Amalgamated’s joint letter urging Federal Housing Finance Agency Director Mel Watts to recapitalize Fannie Mae and Freddie Mac.

To Grow the Economy, Give First Time Homebuyers Real Confidence

This may come as a surprise to you, but I’m not a Millennial. I do know a few people, though, who fall into this huge group that is now coming of age. One question I often see in the media or hear in private discussion is, “why won’t these kids settle down and buy homes? Don’t they want to live the American Dream?”