House Finance Committee Hearing on Migitating Mortgage Foreclosure

[MiniMe]

Broadcast on cspan3 and the house committee website http://www.house.gov/apps/list/hearing/financialsvcs_dem/ht092007.shtml

Barney Frank is the chairman, I might watch it just to watch Barney. I love Barney!

Full Committee Hearing

Legislative and Regulatory Options for Minimizing and Mitigating Mortgage Foreclosures

Thursday, September 20, 2007, 10:00am, 2128 Rayburn House Office Building




Washington, DC- House Financial Services Committee Chairman Barney Frank today announced that the committee will hold a hearing on September 20, 2007, entitled “Legislative and Regulatory Options for Minimizing and Mitigating Mortgage Foreclosures.” The hearing will examine the President’s recently announced plan to expand FHA programs and review other options for assisting homeowners at risk of foreclosure. Secretaries Henry Paulson and Alphonso Jackson, along with Federal Reserve Chairman Ben Bernanke, will discuss the President’s plan announced on August 31 and other initiatives. In addition, the committee will also hear from consumer advocates and industry representatives who will discuss other options aimed at helping homeowners avoid foreclosure during the current mortgage market issues.



Witness List & Prepared Testimony:

Panel One

The Honorable Henry M. Paulson, Jr., Secretary of the Treasury, United States Department of the Treasury
The Honorable Alphonso Jackson, Secretary of Housing and Urban Development, United States Department of Housing and Urban Development
The Honorable Ben S. Bernanke, Chairman, Board of Governors of the Federal Reserve System
Panel Two

Mr. Daniel H. Mudd, President and Chief Executive Officer, Fannie Mae
Dr. Richard F. Syron, Chairman and Chief Executive Officer, Freddie Mac
Ms. Judith Liben, Massachusetts Law Reform Institute
Mr. John M. Robbins, Chairman, Mortgage Bankers Association
Mr. Harry H. Dinham, CMC, Past-President, National Association of Mortgage Brokers (NAMB), The Dinham Companies
Mr. Bruce Marks, Chief Executive Officer, Neighborhood Assistance Corporation of AmericaMr.
Mr. Alex J. Pollock, Resident Fellow, American Enterprise Institute