Banking and Bailouts
More on Banking and Bailouts
Washington, DC – Describing new evidence of illegal foreclosures, inflated fees, and other widespread abuses, Ranking Member Elijah E. Cummings wrote to Chairman Darrell Issa today to request that the Committee issue subpoenas to require mortgage servicing companies to produce previously-requested documents.
Washington, DC – Today, Ranking Member Elijah E. Cummings wrote to federal banking regulators to request copies of "engagement letters" between 14 mortgage servicing companies and the private consultants they hired to review their widespread foreclosure abuses. The deadline for federal regulators to approve these engagement letters is today.
WASHINGTON, DC – Ranking Member Elijah E. Cummings and Congresswoman Jackie Speier, joined by Democratic Members of the Subcommittee on TARP and Financial Services, sent a letter to GOP Chairman Patrick McHenry today asking him to apologize for his "disrespectful treatment" of Professor Elizabeth Warren, Special Advisory to the Secretary of the Treasury, during yesterday's hearing.