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Full Committee Hearing
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A Review of Mortgage Servicing Practices and Foreclosure Mitigation
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Friday, July 25, 2008, 10:00 a.m., 2128 Rayburn House Office Building
Full Committee
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| Click Here To View Archived Webcast |
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Financial Services Committee to Hold Hearing to Review Mortgage Servicing Practices and Foreclosure Mitigation
Washington, DC – House Financial Services Committee Chairman Barney Frank (D-MA) today announced that the committee will examine the role of mortgage servicing in the foreclosure crisis, focusing specifically on ongoing problems with loan modifications and the need for improvements in servicing practices and responsiveness to consumers.
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Witness List & Prepared Testimony:
- Mr. Hilary Shelton, Director, National Association for the Advancement of Colored People
- Mr. David G. Kittle, CMB, Chairman-Elect of Mortgage Bankers Association
- Mr. James R. Barber, Chairman and CEO, Acacia Federal Savings Bank, on behalf of American Bankers Association
- Ms. Janis Bowdler, Associate Director, National Council of La Raza
- Mr. Michael Gross, Managing Director for Loss Mitigation, Mortgage, Home Equity and Insurance Services, Bank of America
- Ms. Mary Coffin, Executive Vice-President, Wells Fargo Home Mortgage
- Ms. Faith Schwartz, Executive Director, HOPE NOW Alliance
- Ms. Julia Gordon, Policy Counsel, Center For Responsible Lending
Available Member Statements: Chairman Frank, Congresswoman Waters
Printed Hearing: 110-132
Related Documents:
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