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"Foreclosure Prevention: Is the Home Affordable Modification Program Preserving Homeownership?" PDF Print

On Thursday, March 25, 2010, the House Committee on Oversight and Government Reform examined the execution and impact of the Department of the Treasury's (Treasury) foreclosure prevention efforts, with particular attention to the Home Affordable Modification Program (HAMP). The hearing entitled: “Foreclosure Prevention: Is the Home Affordable Modification Program Preserving Homeownership?” took place at 10:00 a.m. on Thursday, March 25, 2010 in room 2154 Rayburn House Office Building.

To view a webcast of the hearing, click here

The witnesses scheduled to testify were:

Panel I

Mr. Neil Barofsky
Special Inspector General
Troubled Asset Relief Program

Mr. Gene Dodaro
Acting Comptroller General
Government Accountability Office

Mr. John Taylor
President and CEO
National Community Reinvestment Coalition

Mr. Mark Calabria
Director of Financial Regulation Studies
Cato Institute

Panel II

Mr. Herbert M. Allison, Jr.
Assistant Secretary for Financial Stability
United States Department of Treasury

Documents and Links

Opening Statement of Chairman Edolphus Towns

Prepared testimony of Mr. Herbert Allison

Prepared testimony of Mr. Neil Barofsky

Prepared testimony of Mr. Gene Dodaro

Prepared testimony of Mr. John Taylor

Prepared testimony of Mr. Mark Calabria

Closing Statement of Chairman Edolphus Towns

NCRC Report: Foreclosure Scams: A Nightmare Complicating the American Dream

NCRC Report: HAMP Mortgage Modification Survey 2010
 

Committee On Oversight and Government Reform

U.S. House of Representatives | 2157 Rayburn House Office Building | Washington, D.C. 20515 | (202) 225-5051