So in Mr. Perretta's case, you would advocate having the Government give him a direct grant and/or loan in order to meet...
I urge the Senate to take a different path, one that marries our need to address climate change with our economic realit...
The status quo simply will not continue. That is not a live option.
How can any servicer or any lender say you have to be delinquent? There should be a consequence for that. It is false.
You testified that servicers have incentives that keep them from forgiving principal, even when doing so might be better...
If the data coming out in August and then this fall supports our experience that changes to HAMP in design and implement...
Let me ask you this. When are those--will those with VA, FHA, and home equity loans be eligible for the program?
What about the VA and home equity loans?
Time is not on our side. More importantly, it is not on the side for families of this country.
I am going to share some cases with both of you.
It is very simple. All the training in the world--there is one simple statement to anyone who works for you. You do not ...
I walk away from this hearing not better informed about what that is going to be and I think that is a serious flaw in w...
Bank of America fully supports the Making Home Affordable program.
But we hear this all the time.
I want to echo Senator Warner's remarks. That is not enough. There have to be consequences here.
We need a little transparency and we need some information here in order to establish what are the right benchmarks.
I think there is no question but that complex, unregulated mortgages are what are driving the current foreclosure crisis...
Even in a healthy economy, 300,000 people file new claims for unemployment insurance every week.
