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"Foreclosure Prevention Part II: Are Loan Servicers Honoring Their Commitments to Help Preserve Homeownership?" PDF Print

On Thursday, June 21, 2010, the House Committee on Oversight and Government Reform will hold a hearing entitled: Foreclosure Prevention, Part II: Are Loan Servicers Honoring Their Commitments to Help Preserve Homeownership?" The committee is investigating the overall effectiveness of processes put in place by loan servicers as they implement HAMP and any other loan modification programs that help homeowners avoid foreclosures.

To watch a webcast of the hearing, click here

The Witnesses scheduled to testify include:

Panel I

Mr. Sanjiv Das
Chief Executive Officer
CitiMortgage, Inc.

Ms. Barbara J. Desoer
President
Bank of America Home Loans

Mr. David Friedman
President and CEO
American Home Mortgage Servicing, Inc.

Mr. Michael J. Heid
Co-President, Wells Fargo Home Mortgage
Wells Fargo & Co.

Mr. David Lowman
Chief Executive Officer
Chase Home Finance, Inc.

Mr. Edward J. Pinto
Consultant

Documents and Links

Opening Statement of Chairman Edolphus Towns

Closing Statement of Chairman Edolphus Towns

Prepared testimony of Mr. Sanjiv Davis

Prepared testimony of Ms. Barbara Desoer

Prepared testimony of Mr. David Friedman

Prepared testimony of Mr. Michael Heid

Prepared testimony of Mr. David Lowman

Prepared testimony of Mr. Edward Pinto
 

Committee On Oversight and Government Reform

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