Unfortunately, this program has only modified a handful of mortgages.
But whatever we say or do policywise, or you implement the policy, if the market doesn't respond to it favorably, it is ...
Clearly, this is a regrettable policy failure.
It is going to be difficult to deal with, isn't it?
Homeowners in need will be better served if we actually identify the root causes of foreclosures and craft effective sol...
People like Donna didn't deserve to lose their homes. Neither do the 10,000 families that will receive a foreclosure not...
Secretary Allison, Treasury earlier this year released information stating that the Home Affordability Mortgage Program-...
Without a huge haircut--Senator Dodd was talking about reducing it down to something people can pay, realistically affor...
Well, I hope we are going to have a lot of hearings on this, Mr. Chairman.
To move away fast and furious from a classical model of regulation, we had better be really careful.
We appreciate you coming here today, but even you admit in your studies, and this is an outgrowth of some of those studi...
You state, Mr. Secretary, repeatedly that the status quo is not acceptable because things are changing every day in the ...
Our idea in the legislation is not to prevent people from making mistakes. It is to make it easier for them to avoid mis...
A lot of work.
It is clear that in the Administration's plan, disclosure, no matter how complete, is not enough.
By litigation.
I believe we need a system where we can accommodate both.
Are consumers protected when they cannot buy products and services that are available to others?
