Full Committee Hearing

Future of the Mortgage Market and the Housing Enterprises

Date:   Thursday, October 8, 2009 Time:   09:30 AM

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Topic

The witness on Panel I will be: Mr. Edward J. DeMarco, Acting Director, Federal Housing Finance Agency. The witnesses on Panel II will be: Mr. William Shear, Director, Financial Markets and Community Investment, U.S. Government Accountability Office; Mr. Andrew Jakabovics, Associate Director for Housing and Economics, Center for American Progress Action Fund; Dr. Susan Wachter, Professor of Real Estate and Finance, The Wharton School, University of Pennsylvania; and The Honorable Peter J. Wallison, Arthur F. Burns Fellow in Financial Policy Studies, American Enterprise Institute.

Witnesses

Majority Statements

  1. Senator Christopher J. Dodd

Minority Statements

  1. Senator Richard C. Shelby

Witness Panel 1

  1. Mr. Edward J. DeMarco
    Acting Director
    Federal Housing Finance Agency

Witness Panel 2

  1. Mr. Andrew Jakabovics
    Associate Director for Housing and Economics
    Center for American Progress Action Fund
  2. Mr. William Shear
    Director, Financial Markets and Community Investment
    U.S. Government Accountability Office
  3. Dr. Susan M. Wachter
    Worley Professor of Financial Management
    Wharton School of Business, University of Pennsylvania
  4. Honorable Peter Wallison
    Arthur F. Burns Fellow in Financial Policy Studies
    American Enterprise Institute