House Oversight Cmte. Hearing on Preventing Foreclosures


Rep. Edolphus Towns (D-NY) chaired a House Oversight hearing on foreclosure prevention. Mortgage executives from Wells Fargo, Citibank, Bank of America and others testified before the committee.
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House Oversight Cmte. Hearing on Preventing Foreclosures
Rep. Edolphus Towns (D-NY) chaired a House Oversight hearing on foreclosure prevention. Mortgage executives from Wells Fargo, Citibank, Bank of America and others testified before the committee. Go to Source…

House Oversight Cmte. Hearing on Preventing Foreclosures
Rep. Edolphus Towns (D-NY) chaired a House Oversight hearing on foreclosure prevention. Mortgage executives from Wells Fargo, Citibank, Bank of America and others testified before the committee. Go to Source…

Senate Banking Cmte. Hearing on Mortgage Foreclosures
The Senate Banking Committee held a hearing on allegations of improper and fraudulent mortgage services and foreclosure practices. Witnesses include Iowa Attorney General Tom Miller as well as home loan bank CEOs and mortgage lawyers. A Congressional Oversight Panel released a report earlier on mortgage and foreclosure irregularities. Go to Source…

Senate Banking Cmte. Hearing on Mortgage Foreclosures
The Senate Banking Committee held a hearing on allegations of improper and fraudulent mortgage services and foreclosure practices. Witnesses include Iowa Attorney General Tom Miller as well as home loan bank CEOs and mortgage lawyers. A Congressional Oversight Panel released a report earlier on mortgage and foreclosure irregularities. Go to Source…

Bankers raise fairness issue over mortgage principal … – Inside Bay Area
David Lowman, chief executive … could raise issues of fairness,” agreed Sanjiv Das, Citigroup’s top mortgage executive. The pair appeared in front of the Senate committee with top executives from Bank of America and Wells Fargo & Co. Go to Source…

Bankers raise fairness issue over mortgage principal … – Inside Bay Area
David Lowman, chief executive … could raise issues of fairness,” agreed Sanjiv Das, Citigroup’s top mortgage executive. The pair appeared in front of the Senate committee with top executives from Bank of America and Wells Fargo & Co. Go to Source…

Bank of America stops foreclosures across the country, expanding review of mortgage documents – Chicago Tribune
WASHINGTON (AP) — Bank of America on Friday halted foreclosures on homes across the country so it could review paperwork in tens of thousands of cases for flaws, expanding a crisis at a perilous time for the housing market. The move came as PNC Financial … Go to Source…

Bank of America stops foreclosures across the country, expanding review of mortgage documents – Fort Lauderdale Sun-Sentinel
WASHINGTON (AP) — Bank of America on Friday halted foreclosures on homes across the country so it could review paperwork in tens of thousands of cases for flaws, expanding a crisis at a perilous time for the housing market. The move came as PNC Financial … Go to Source…

Wells Fargo Helps Mortgage Customers Facing Payment Challenges – Yahoo Finance
DETROIT–(BUSINESS WIRE)– Wells Fargo & Company (NYSE: WFC – News ) announced it is hosting a Home Preservation Workshop for Wells Fargo Home Mortgage, Wells Fargo Financial, Wachovia Mortgage and Wells Fargo Home Equity customers in the Detroit metro … Go to Source…

HOUSE FINANCIAL SVCS. MORTGAGE HRNG.
Shot 11/18/2010.## Continued coverage of Financial services in regards to mortgage reviews. House Financial Services Hearing – Housing and Community Opportunity Robo-Signing, Chain of Title, Loss Mitigation and Other Issues in Mortgage Servicing Witness List & Prepared Testimony: Panel One: Ms. Phyllis Caldwell, Chief, Homeownership Preservation Office, U.S. Department of the Treasury…

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