As a matter of fact, Professor Mayer at our Subcommittee hearing that I chaired a few weeks ago estimated that it would result in GSE profits of as much as $23.7 billion.
Allowing a homeowner to refinance from a loan that is 6-percent interest to a loan that is 4-percent interest, for examp...
Really significant. So if I have been patching the roof that is leaking in my home, I now will have the wherewithal to r...
You mention in your testimony that lenders in the HARP program report that borrowers are saving as much as $2,500 per ye...
It also includes Sustainable Communities grants, a letter I led with Senator Landrieu that got a quarter of all Senators...
It includes fully funding Project Based Section 8 contracts in an area where I think short-funding them would be a mista...
I am very concerned about the affordability in housing, particularly in States like New Jersey, that have long had high ...
Given all of the challenges and the affordability of housing right now, is this not exactly the wrong time to enact the ...
On top of the preexisting challenge of housing affordability across the Nation, especially in high cost States like New ...
I appreciate the opportunity to offer remarks on behalf of the Mortgage Bankers Association at this hearing.
The activities I described appear to directly violate these congressional mandates.