Consumer Financial Protection Bureau
Richard Cordray testified on the first semi-annual report of the Consumer Financial Protection Bureau. In that report,…
Home Mortgage Refinancing
2012-05-24T10:03:39-04:00https://images.c-span.org/Files/543/306220-m.jpgWitnesses testified on legislation that would expand the number of homeowners who can refinance and take advantage of record-low interest rates. The bill, co-sponsored by Senators Barbara Boxer of California and Bob Menendez of New Jersey, would apply to those who are current on their payments and whose loans are backed by Fannie Mae and Freddie Mac. The bill would also eliminate all up-front fees and appraisal costs for borrowers, as well as streamline refinancing applications.Witnesses testified on legislation that would expand the number of homeowners who can refinance and take advantage of record-low interest… read more
Home Mortgage Refinancing Witnesses testified on legislation that would expand the number of homeowners who can refinance and take advantage of record-low interest rates. The bill, co-sponsored by Senators Barbara Boxer of California and Bob Menendez of New Jersey, would apply to those who are current on their payments and whose loans are backed by Fannie Mae and Freddie Mac. The bill would also eliminate all up-front fees and appraisal costs for borrowers, as well as streamline refinancing applications. close
People in this video
- Bill Emerson Chief Executive Officer Quicken Loans
- Christopher Papagianis Special Assistant (Former) White House->Domestic Policy
- Moe Veissi President National Association of Realtors
- Mark M. Zandi Co-Founder & Chief Economist Moody's Analytics
- Bob Corker U.S. Senator (Class 1) [R] Tennessee
- Tim P. Johnson U.S. Senator [D] South Dakota
- Bob Menendez U.S. Senator (Class 1) [D] New Jersey
- Jeff Merkley U.S. Senator (Class 2) [D] Oregon
- Richard C. Shelby U.S. Senator (Class 3) [R] Alabama
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