Response to Foreclosure Crisis
Witnesses testified about government and private sector responses to mortgage foreclosures and the sub-prime mortgage crisis. Among the topics they addressed were perceived failures in the O…
718 viewsWitnesses testified about government and private sector responses to mortgage foreclosures and the sub-prime mortgage crisis. Among the topics they addressed were perceived failures in the O…
718 viewsWitnesses testified about the Making Home Affordable program, which was designed to stem foreclosures by allowing eligible homeowners to refinance or modify the terms of their mortgages.
13,322 viewsMortgage servicing and government officials testified on the extent to which mortgage service companies are performing successful loan modifications that result in long-term, affordable loan…
1,275 viewsMortgage industry officials testified about plans to address and prevent mortgage foreclosures and allow some homeowners in default to modify the terms of their loan in order to make payment…
978 viewsA hearing was held on the compliance of the mortgage industry in response to a request to delay foreclosures until the institution of the Hope for Homeowners Program. Topics included the imp…
409 views