Mortgage and Foreclosure Practices
Witnesses representing the banking services industry and borrowers testified about home mortgage loan practices,…
Mortgage and Housing Market Rescue Legislation, Day 2
2008-04-10T20:17:02-04:00https://images.c-span.org/Files/54f/204827-m.jpgThe House Financial Services Committee held a hearing on draft legislation of the economic, mortgage and housing rescue plan announced the previous week. On the second day of the hearing, a governor and mayors testified about the effect of the mortgage crisis on their states and cities. They discussed local efforts that they are making to help homeowners facing foreclosure, how foreclosures destroy the neighborhoods in their cities, and the need for financial counseling. Then representatives from community groups who are trying to assist in the crisis testified.The House Financial Services Committee held a hearing on draft legislation of the economic, mortgage and housing rescue plan announced the… read more
Mortgage and Housing Market Rescue Legislation, Day 2 The House Financial Services Committee held a hearing on draft legislation of the economic, mortgage and housing rescue plan announced the previous week. On the second day of the hearing, a governor and mayors testified about the effect of the mortgage crisis on their states and cities. They discussed local efforts that they are making to help homeowners facing foreclosure, how foreclosures destroy the neighborhoods in their cities, and the need for financial counseling. Then representatives from community groups who are trying to assist in the crisis testified. close
People in this video
- Victor Burrola Director National Council of La Raza->Homeownership Network
- Sheila Crowley President and CEO National Low Income Housing Coalition
- Adrian M. Fenty Mayor [D] Washington
- Douglas Garver Executive Director Ohio Housing Finance Agency
- Oscar B. Goodman Mayor Las Vegas, NV
- David C. Lizarraga Chairman U.S. Hispanic Chamber of Commerce->Board of Directors
- Thomas M. Menino Mayor Boston, MA
- Martin J. O'Malley Governor [D] Maryland
- Thomas E. Perez Secretary Maryland Department of Labor, Licensing and Regulation
- Hilary O. Shelton Director NAACP->Washington Bureau
- Judy Biggert U.S. Representative [R] Illinois
- Shelley Moore Capito U.S. Representative [R] West Virginia
- Emanuel Cleaver II U.S. Representative [D] Missouri
- Barney Frank U.S. Representative [D] Massachusetts
- Dean Heller U.S. Representative [R] Nevada
- Paul Hodes U.S. Representative [D] New Hampshire
- Brad Miller U.S. Representative [D] North Carolina
- Ed Perlmutter U.S. Representative [D] Colorado
- Deborah Pryce U.S. Representative [R] Ohio
- David Scott U.S. Representative [D] Georgia
- Nydia M. Velázquez U.S. Representative [D] New York
- Maxine Waters U.S. Representative [D] California
- Mel Watt U.S. Representative [D] North Carolina
- Charlie Wilson U.S. Representative [D] Ohio
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