Full Committee Hearing

Problems in Mortgage Servicing From Modification to Foreclosure, Part II

Date:   Wednesday, December 1, 2010 Time:   09:30 AM

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The witnesses for Panel I will be: Ms. Phyllis Caldwell, Chief, Homeownership Preservation Office, United States Department of the Treasury; The Honorable Sheila C. Bair, Chairman, Federal Deposit Insurance Corporation; The Honorable Daniel K. Tarullo, Governor, Board of Governors of the Federal Reserve System; Mr. John Walsh, Acting Comptroller of the Currency, Office of the Comptroller of the Currency; and Mr. Edward DeMarco, Acting Director, Federal Housing Finance Agency. The witnesses for Panel II will be: Mr. Terry Edwards, Executive Vice President, Credit Portfolio Management, Fannie Mae; Mr. Donald Bisenius, Executive Vice President, Freddie Mac; Mr. Tom Deutsch, Executive Director, American Securitization Forum; and Professor Kurt Eggert, Professor of Law, Chapman University School of Law. 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.


Majority Statements

  1. Senator Christopher J. Dodd
  2. Senator Daniel K. Akaka, Retired
  3. Senator Tim Johnson

Minority Statements

  1. Senator Kay Bailey Hutchison
  2. Senator Richard C. Shelby

Witness Panel 1

  1. The Honorable Daniel K. Tarullo
    Board of Governors of the Federal Reserve System
  2. Honorable Sheila Bair
    Federal Deposit Insurance Corporation
  3. Ms. Phyllis Caldwell
    Chief, Homeownership Preservation Office
    United States Department of the Treasury
  4. Mr. Edward J. DeMarco
    Acting Director
    Federal Housing Finance Agency
  5. Mr. John Walsh
    Acting Comptroller of the Currency
    Office of the Comptroller of the Currency

Witness Panel 2

  1. Mr. Donald Bisenius
    Executive Vice President
    Freddie Mac
  2. Mr. Tom Deutsch
    Executive Director
    American Securitization Forum
  3. Mr. Terry Edwards
    Executive Vice President
    Credit Portfolio Management, Fannie Mae
  4. Mr. Kurt Eggert
    Professor of Law
    Chapman University School of Law