Full Committee Hearing

Mortgage Market Turmoil: Causes and Consequences

Date:   Thursday, March 22, 2007 Time:   10:00 AM

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The Committee will meet in OPEN SESSION to conduct a hearing on “Mortgage Market Turmoil: Causes and Consequences.”


Witness Panel 1

  1. Mr. Roger T. Cole
    Director, Division of Banking Supervision and Regulation
    Board of Governors of the Federal Reserve System
  2. Mr. Scott M. Polakoff
    Senior Deputy Director and Chief Operating Officer
    Office of Thrift Supervision
  3. Mr. Emory W. Rushton
    Senior Deputy Comptroller and Chief National Bank examiner
    Office of the Comptroller of the Currency
  4. Mr. Joseph A. Smith
    North Carolina Commissioner of Banks and Chairman
    Conference of State Bank Supervisors
  5. Ms. Sandra Thompson
    Director of the Division of Supervision and Consumer Protection
    Federal Deposit Insurance Corporation

Witness Panel 2

  1. Mr. Irv Ackelsberg
    Consumer Attorney
  2. Mr. Laurent Bossard
    Chief Executive Officer
    WMC Mortgage
  3. Ms. Janis Bowdler
    Senior Policy Analyst
    National Council of La Raza
  4. Ms. Jennie Haliburton
  5. Mr. Brendan McDonagh
    Chief Executive Officer
    HSBC Finance Corporation
  6. Mr. L. Andrew Pollock
    First Franklin Financial Corporation
  7. Mr. Sandy Samuels
    Executive Managing Director
    Countrywide Financial Corporation
  8. Mr. Al Ynigues