Full Committee Hearing

New Ideas for Refinancing and Restructuring Mortgage Loans

Date:   Wednesday, September 14, 2011 Time:   02:00 PM

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COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS SUBCOMMITTEE ON HOUSING, TRANSPORTATION, AND COMMUNITY DEVELOPMENT will meet in OPEN SESSION to conduct a hearing entitled “New Ideas for Refinancing and Restructuring Mortgage Loans.” The witness will be: Mr. David Stevens, President and CEO, Mortgage Bankers Association. Additional witnesses may be announced. All hearings are webcasted live and will not be available until the hearing starts. Individuals with disabilities who require an auxiliary aid or service, including closed captioning service for webcast hearings, should contact the committee clerk at 202-224-7391 at least three business days in advance of the hearing date.


Witness Panel 1

  1. Honorable Barbara Boxer
    United States Senator
  2. Honorable Johnny Isakson
    United States Senator

Witness Panel 2

  1. Mr. Mark Calabria
    Director of Financial Regulation Studies
    Cato Institute
  2. Mr. Richard Smith
    Chief Executive Officer
    Realogy Corporation
  3. Ms. Ivy Zelman
    Chief Executive Officer
    Zelman and Associates

Witness Panel 3

  1. Ms. Marcia Griffin
    President and Founder
  2. Mr. Christopher Mayer
    Paul Milstein Professor of Real Estate, Finance, and Economics
    Columbia Business School
  3. Dr. Anthony B. Sanders
    Professor of Finance
    George Mason University School of Management
  4. Honorable David H. Stevens
    President and CEO
    Mortgage Bankers Association
  5. Dr. Mark Zandi
    Chief Economist
    Moody's Analytics