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January 8, 2002

Predatory Mortgage Lending Practices

Witnesses testified about the abusive use of yield spread premiums, or the fees received by mortgage brokers from lending companies when a consumer signs for a higher rate mortgage.

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John A. Courson Chair-Elect Mortgage Bankers Association of America
David Donaldson Attorney

Joseph Falk President National Association of Mortgage Brokers
Rita Herrod Resident West Virginia
Beatrice Hiers Resident Maryland
Howell Jackson Professor Harvard Law School
Susan Johnson Resident Minnesota
David Olson Consultant
Ira Rheingold Executive Director National Association of Consumer Advocates
Paul S. Sarbanes U.S. Senator [D] Maryland

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Senate Banking, Housing, and Urban Affairs Committee

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Program ID:: 168092-1
Category:: Senate Committee
Format:: Senate Committee
Location:: Washington, District of Columbia, United States
First Aired:: Jan 08, 2002 | 9:41am EST | C-SPAN 2
Last Aired:: Jan 09, 2002 | 2:20am EST | C-SPAN 1

Airing Details

Jan 08, 2002 | 9:41am EST | C-SPAN 2
Jan 08, 2002 | 4:52pm EST | C-SPAN 1
Jan 08, 2002 | 10:06pm EST | C-SPAN 2
Jan 09, 2002 | 2:20am EST | C-SPAN 1

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