Videos

Witnesses testified about use of the “Volker rule” to stop federally insured banks from making speculative investments for their own profit. Mr. Volker testified that regulators must continu…

Housing and Urban Development (HUD) Secretary Shaun Donovan talked about the economy, the housing market and foreclosures. In his remarks he referred to the$25 billion mortgage servicing set…

Attorney General Eric Holder and Housing and Urban Development Secretary Shaun Donovan outlined the $26 billion settlement reached between the federal and state governments and the five larg…

Secretary Shaun Donovan detailed President Obama’s new mortgage assistance proposal that would help homeowners who owe more on their mortgages than the value of the house refinance their hom…

Attorney General Eric Holder announced a $335 million settlement with Countrywide over claims of discriminatory lending practices, the largest fair lending settlement in U.S. history. Countr…

The Departments of the Treasury and Housing and Urban Development co-sponsored a conference on the future of housing finance in anticipation of a comprehensive proposal for new regulations t…

Shaun S. Donovan, Secretary U.S. Department of Housing and Urban Development, spoke on the housing mortgage crisis. A new task force was introduced to monitor lending companies. He also ans…