Well, isn't this part of the problem in the foreclosure process?
That is what I am getting at. You just said there were, so you are correcting yourself.
This hearing represents what I understand will be the only examination the Committee intends to conduct.
We need to determine whether the flaws in the process led to improper results.
Let us go back a few years, let us say seven, eight, or 10 years ago, 2001, or it will be.
Are we close to solving this problem, or where are we?
We have still got this problem.
In other words, preempt the State in property and recording? That is a strong----
Thank you, Mr. Chairman, for holding a second hearing on this very important topic.
It is important to hear from our regulators. They are responsible for overseeing financial institutions, detecting these...
On October 6th, I called for an investigation into the growing controversy surrounding home foreclosures.
I called for an investigation into the growing controversy surrounding home foreclosures.
I took an oath of office and Congress writes the law. So we are going to adopt exactly what you have.
The response of the Administration and Democrats in Congress has been to enact a slew of new laws to expand the size and...
you publicly argued against an end-user exemption from the clearing requirements in the derivatives title that we passed
There is a clear end-user exception for anyone who is hedging or mitigating a commercial risk for nonfinancial firms.
We have put an end to too-big-to-fail bailouts and to an era in which executives on Wall Street felt free to gamble with...
one of the goals of the Dodd-Frank legislation was to end Government bailouts.