Investigation of Housing and Foreclosure Crisis
(Washington, DC) – Congressman Elijah E. Cummings (MD-07), Ranking Member of the House Committee on Oversight and Government Reform (OGR), today joined Committee Democrats in the beginning stages of an investigation into foreclosure fraud, robosigning and other errors committed by the private mortgage servicer industry.
(Washington, DC) – Congressman Elijah E. Cummings (MD-07), Ranking Member of the House Committee on Oversight and Government Reform, today launched a wide-ranging investigation into increasingly widespread allegations of foreclosure fraud and abuse, seeking documents, audits, and investigations to provide the Committee with a more comprehensive understanding of these allegations and the national foreclosure picture. The requests include:
WASHINGTON – On December 21, 2010, House Committee on Oversight and Government Reform Ranking Member Elijah E. Cummings (D-MD) requested that Chairman Darrell Issa (R-CA) hold a hearing on the foreclosure crisis. In particular, he requested that the Committee's first hearing investigate "the widespread utilization of flawed and fraudulent practices… throughout the mortgage service industry." Although Chairman Issa said today this is a "subject of interest," he did not agree to hold such a hearing.