Glenn Nye Statement on Thelma Drake's Foreclosure Vote

FOR IMMEDIATE RELEASE:

May 8, 2008

CONTACT: Rick Fromberg, 757-273-7217

rfromberg@glennnye.com

GLENN NYE STATEMENT ON THELMA DRAKE'S VOTE AGAINST FORECLOSURE RELIEF

Virginia Beach--Virginia 2nd District Democratic Nominee Glenn Nye released the following statement in response to Thelma Drake's vote against H.R. 3221, The Foreclosure Prevention Act of 2008:

"Today, 39 Republicans joined with their Democratic colleagues to pass important legislation to help families at risk of losing their homes to foreclosure; unfortunately, Thelma Drake was not part of that bipartisan coalition. Instead of siding with the families of Hampton Roads who are at risk of foreclosure, Thelma Drake decided to play party politics. Home foreclosures in Hampton Roads have tripled in the last year and it is long past time for independent leadership that will focus on our priorities, not partisanship."

Background

• H.R. 3221 Roll Call Vote [http://www.govtrack.us/congress/vote.xpd?vote=h2008-301]
• In the real estate market of Norfolk and Virginia Beach for the first quarter of 2008, foreclosures increased 365 percent over the first quarter of 2007. [http://www.crystalclearmarket.com/?p=164]

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