2008 Financial Crisis and Federal Housing Enterprise Oversight, Day 3
This was the third of three days of hearings held by the bipartisan Financial Crisis Inquiry Commission (FCIC). Congress formed the ten-member FCIC in May 2009 to examine the causes of the financial markets meltdown.
Former officials from Federal Housing Enterprise Oversight (OFHEO) and its successor agency in 2008, the Federal Housing Finance Agency… read more
Former officials from Federal Housing Enterprise Oversight (OFHEO) and its successor agency in 2008, the Federal Housing Finance Agency (FHFA), talked about their oversight of Fannie Mae. Armando Falcon in his opening statement said that there was failure of leadership at Fannie Mae and Freddie Mac, leading to the housing market collapse. Commissioners asked about the lobbying activities of Fannie Mae and Freddie Mac officials throughout the hearing.
This was the third of three days of hearings held by the bipartisan Financial Crisis Inquiry Commission (FCIC). Congress formed the ten-member FCIC in May 2009 to examine the causes of the financial markets meltdown. close
People in this video
-
Armando Falcon Director Department of Housing and Urban Development->Office of Fed. Housing Enterprise Oversight
-
-
-
-
James B. Lockhart III Director (Former) Department of Housing and Urban Development->Office of Fed. Housing Enterprise Oversight
-
-
-
Hosting Organization
More Videos From
Financial Crisis Inquiry Commission: Subprime Lending & Securitization & Gov't
Related Video
-
2008 Financial Crisis and Investment Banks, Day 1, Panel 1
Former Bear Stearns executives testified about the 2008 collapse of Bear Stearns, financial markets, and the “shadow banking…
-
2008 Financial Crisis and Investment Banks, Day 1, Panel 3
Former federal financial regulators testified about the 2008 collapse of Bear Stearns, financial markets, and the “shadow…
-
2008 Financial Crisis and Investment Banks, Day 1, Panel 2
Former Bear Stearns executives testified about the 2008 collapse of Bear Stearns, financial markets, and the “shadow banking…
-
2008 Financial Crisis and Investment Banks, Day 2, Panel 2
The Financial Crisis Inquiry Commission held the second of two days of hearings on the “shadow banking system.” Secretary…