Housing and Foreclosures
More on Housing and Foreclosures
Washington, D.C.—Rep. Elijah E. Cummings, the Ranking Member of the House Committee on Oversight and Government Reform, issued the following statement in response to today's announcement of a multi-billion dollar settlement relating to widespread and illegal abuses by mortgage servicing companies:
Washington, DC - Rep. Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government Reform, and Committee Member John F.
Washington, DC – Today, Rep. Elijah E.
Washington, DC – Today, Ranking Member Elijah E. Cummings and several Members of Congress sent a letter to Edward DeMarco, the Acting Director of the Federal Housing Finance Agency (FHFA), seeking information about mortgage servicing companies that may have improperly denied access to housing assistance programs for servicemembers ordered by the military to relocate.
(Washington, DC) – Today, Ranking Member Elijah E. Cummings requested that Chairman Darrell Issa issue so-called "friendly" subpoenas to federal financial regulators to obtain copies of "engagement letters" they have approved between mortgage servicing companies and independent firms hired to review past foreclosure abuses.
Washington, DC – Congressman Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government Reform, will be honored as the "Federal Champion of the Year" by the Maryland Consumer Rights Coalition. The award will be given today in Columbia, MD.
Cummings will receive the honor for his efforts to address the foreclosure crisis and promote the Consumer Financial Protection Bureau, a financial agency that protects families from unfair, deceptive, and abusive financial practices.
WASHINGTON, D.C. — Today, Ranking Member Elijah E. Cummings and other Members will meet with Edward DeMarco, Acting Director of the Federal Housing Finance Agency (FHFA), to discuss additional actions the agency can take to address the foreclosure crisis following changes announced Monday to its Home Affordable Refinance Program.
Washington, DC —During a meeting today with 19 Members of Congress, Edward DeMarco, the Acting Director of the Federal Housing Finance Agency (FHFA), praised a principal reduction proposal by Rep. Zoe Lofgren and pledged to provide an assessment within two weeks of how it could be implemented.
Rep. Elijah E. Cummings, the Ranking Member of the House Committee on Oversight and Government Reform, hosted the meeting with Rep. Dennis Cardoza, Co-Chair of the Housing Stabilization Task Force, to discuss additional measures to address the foreclosure crisis.
Washington, DC – Ranking Member Elijah E. Cummings released the following statement in response to changes announced today by the Federal Housing Finance Agency (FHFA) to the Home Affordable Refinance Program (HARP). The changes are aimed at helping "underwater" homeowners take advantage of today's record-low interest rates.