For some time I had called for the Troubled Asset Relief Program funds to be used to mitigate foreclosures.
I was advocating for the use of principal reductions in loan modifications.
The impact is really devastating on communities like mine and across the State.
This is not enough. The programs that are in existence actually are geared toward people who are already in a state of t...
The voices of consumers and the voices of civil rights protection need to move away from the kid table to the front tabl...
We need those benchmarks and we really need to tie the productivity in meaningful modifications and by that, I mean prin...
I think we all know that people with second homes, people with yachts, real estate speculators and others can currently ...
It's essential that we take very firm and strong action at the Federal level.
It's important to get that--the stories, right from the ground.
Federal preemption is also inhibiting the solution.
Prince George's County is a vivid example that, right in the backyard of our nation's capital, the foreclosure crisis is...
We all need to get behind that plan.
We've also had many cases where we have not been able to make progress, which is why it's essential that we move forward...
These are policies and financial funding and incentives have to come at the national level, and that's why we also have ...
I appreciate that you are here, because here in Prince George's County we really are at the center of the storm in our S...
I represent rural areas in Maryland, and they do have this issue, but it has not been a dominant issue.
I appreciate that.
I really came to this hearing to try to learn more about this issue.