FIELD HEARING:Failure to Recover: The State of Housing Markets, Mortgage Servicing Practices, and Foreclosures

Opening Statement of Ranking Member Elijah E. Cummings

Witnesses

Mr. Morris Morgan
Deputy Comptroller for Large Bank Supervision
Office of the Comptroller of the Currency

Ms. Suzanne G. Killian
Senior Associate Director for the Division of Consumer and Community Affairs
Federal Reserve System

Mr. Alfred M. Pollard
General Counsel
Federal Housing Finance Agency

Ms. Sheila Seller
National Mortgage Outreach Executive
Bank of America

Mr. Eric J. Schuppenhauer
Senior Vice President, Mortgage Banking - Core Servicing and Borrower Assistance Executive
JPMorgan Chase Bank, NA

Mr. Joe Ohayon
Senior Vice President, Community Relations
Wells Fargo Home Mortgage

Mr. Jeff Jaffee
Chief Regulatory Affairs Officer
CitiMortgage

The Honorable Arthur M. Schack
Supreme Court Justice
State of New York

Ms. Meghan Faux
Deputy Director
South Brooklyn Legal Services

Mr. Edward Pinto
Resident Fellow
American Enterprise Institute