Full Committee Hearing: Foreclosure Prevention Part II: Are Loan Servicers Honoring Their Commitments to Help Preserve Homeownership?

Hearing
Date: Thursday, June 24, 2010 Time: 10:00 AM Location: 2154 Rayburn House Office Building

There was no video broadcast for this event.

Agenda

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.

Witnesses

Witnesses

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