one of the things I am thinking about is giving homeowners facing foreclosure the option as a last resort of renting their home for a period of time at a fair market rate.
Foreclosure is not an abstract concept. It's very real pain for American families.
It would make sense.
I find this a despicable practice and I have gone after the people who do it.
I can't believe that two full years after the first signs of this crisis were becoming plain for all to see, we are stil...
The banks and servicers complain that the Administration rolled out its plan too quickly without consulting them.
I happen to be one that believes that the idea of principal reduction makes a lot more sense than interest rate reductio...
It's the loss of a home. It's the anguish of having to uproot your family.
But what are they doing differently? That is my question.
Shouldn't private investment funds be required to disclose information to the SEC for the purpose of investigating and e...
To address this regulatory gap, I recently introduced the Private Fund Transparency Act of 2009.