January 2012

Cummings Welcomes Decision by Fannie and Freddie to Extend Forbearance to 12 Months

January 12, 2012

Washington, D.C. – Rep. Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government Reform, issued a statement today commending Fannie Mae and Freddie Mac for extending to 12 months the period during which unemployed Americans with mortgages owned or guaranteed by Fannie Mae or Freddie Mac may defer payments while they continue to look for employment.

Issues: Investigation of Housing and Foreclosure Crisis

Cummings, Davis Request Hearing in Chicago to Examine Banks’ Failure to Maintain Abandoned Properties

January 5, 2012

Press Release

Washington, DC – Today, Rep. Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government Reform, and Rep. Danny K.

Issues: Banking and Bailouts

Cummings Lauds Appointment of Cordray to Head the Consumer Financial Protection Bureau

January 4, 2012

Press Release

Washington, D.C. - Rep. Elijah Cummings, Ranking Member of the House Committee on Oversight and Government Reform, issued the following statement in response to President Obama's appointment today of Richard Cordray to lead the Consumer Financial Protection Bureau (CFPB):

Issues: Banking and Bailouts