Let me ask you specifically: Of the three elements of this proposal, one is that somebody has to show up in the court with full settlement authority for the bank.
I can assure you--and I bet you that Senator Franken and Senator Blumenthal can do the same--that the foreclosure proble...
Do you object to them having to show up with full settlement authority? Do you object to them having to show up during t...
That is what bankruptcy courts do. Right? That is where you go to get contracts renegotiated, and it is the American way...
I agree with you. But here we are dealing with people who are required to file for bankruptcy.
I look forward to working with him and to have my staff work with his staff on helping to resolve the issues.
And that may explain why the Association of Mortgage Investors is working with me on this and seems excited about it.
I want to first of all thank our Ranking Member, Senator Grassley, who is an extraordinarily distinguished member of thi...
Thank you very much, Mr. Britt. Your story provides an important backdrop against which the testimony of our next witnes...
Save that question, Judge Drain. We will be back to it, but I do not want to interrupt Senator Franken.
The Rhode Island program is modest, but I believe that it has the potential to help many thousands of homeowners, and he...