An examination of the Homeowner Affordability and Stability Plan: hearing before the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred Eleventh Congress, first session, on an examination of the administration's Homeowner Affordability and Stability Plan and how it addresses the root cause of our economic problems, February 26, 2009, Volume 4
U.S. G.P.O., 2009 - Business & Economics - 58 pages
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administration Affordability and Stability American Recovery bank bankruptcy borrower stays Chairman Dodd Committee debt debt-to-income ratio default eligible ensure Fannie Mae FDIC Financial Stability Plan Freddie Mac funding GSEs guidance guidelines home prices home values Homeowner Affordability Homeowner Stability Initiative Hope for Homeowners housing market important incentive income interest rate issue JACK REED Jamie Dimon job loss Larry Summers loan modification losing their homes Mae and Freddie MEL MARTINEZ ment million at-risk modifying loans monthly payments mortgage market mortgage rates Obama option owner percent Pickerington President President's principal reduction problem question Recovery Act Recovery and Reinvestment reduce refinancing responsible homeowners Secretary Donovan securitized Senator Akaka Senator Bayh Senator Bennet Senator Johanns Senator Menendez Senator Merkley Senator Reed Senator Schumer Senator Shelby Senator Warner servicers stay current subprime sure talked Tax Credits Thank thing tion Treasury underwater