Accelerating loan modifications, improving foreclosure prevention, and enhancing enforcement: hearing before the Committee on Financial Services, U.S. House of Representatives, One Hundred Tenth Congress, first session, December 6, 2007, Volume 4 |
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Contents
Hearing held | 3 |
Bair Hon Sheila C Chairman Federal Deposit Insurance Corporation | 15 |
Polakoff Scott M Senior Deputy Director and Chief Operating Officer Office | 22 |
2 other sections not shown
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Common terms and phrases
ability to repay adjustable rate mortgages AFL-CIO amendment American Securitization Forum approach assignees avoid foreclosure Bair believe bill Calhoun Chairman Frank consumer contract counseling credit scores creditor crisis default delinquent economic efforts enforcement FDIC Federal Reserve federally-insured credit union FICO score Foreclosure Prevention going HOEPA homeowners homeownership HOPE NOW Alliance house prices housing market hybrid ARMs impact increase industry interest rate investors issues Kanjorski large numbers legislation lenders liability loan modifications loss mitigation million modify loans mortgage market mortgage servicing mortgage-backed securities NCUA options participants pattern and practice pattern or practice payment shock percent predatory lending prepayment penalties problems proposal protection rate reset real estate refinance refinancing regulators residential mortgage loans restructuring risk safe harbor Schwartz secondary market securitization transactions solutions standards starter rate subprime ARMs subprime borrowers subprime loans subprime market subprime mortgage testimony Thank Treasury underwriting violation workout plans