Preventing Mortgage Foreclosures

A hearing was held on the compliance of the mortgage industry in response to a request to delay foreclosures until the institution of the… read more

A 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 implementation of the Hope for Homeowners program and foreclosure mitigation efforts by loan servicers.

FDIC Chair Sheila Bair testified in the first panel on ways to stabilize housing markets. Federal Reserve and Treasury Depart official testified in the second panel. Topics included steps taken to implement the Hope for Homeowners program and the banking community response to the program. Representatives from the lending industry testified in the third panel. Topics included the amount of time needed to implement the program. close

*The transcript for this program was compiled from uncorrected Closed Captioning.

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  • Sheila C. Bair Chair Federal Deposit Insurance Corporation
  • Mary Coffin Executive Vice President Wells Fargo Bank->Home Mortgage
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Preventing Mortgage Foreclosures

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Program ID:
281168-1
Category:
House Committee
Format:
House Committee
Location:
Washington, District of Columbia, United States
First Aired:
Sep 18, 2008

Airing Details

  • Sep 18, 2008 | 12:33am EDT | C-SPAN 1
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