- 2/9/2010
Financial Services Committee Postpones All Hearings this Week
Washington, DC - Due to the snow conditions in Washington, DC, the hearings originally scheduled for Wednesday, February 10 and Thursday, February 11 have been postponed. They have not been rescheduled as of this date. We will notify all hearing participants when we expect to reschedule the hearings.
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- 2/4/2010
Financial Services Committee to Consider the Future of Housing Finance
Washington, DC - Financial Services Committee Chairman Barney Frank (D-MA) announced today the committee will hold a hearing on March 2 to begin the process of considering the future of housing finance. The hearing will focus on all the private and public entities that support the mortgage market, which include the Federal Housing Administration, Ginnie Mae, Fannie Mae, Freddie Mac, Federal Home Loan Banks, and private lenders and securitizers. It is the first step in a legislative process to determine the future of housing finance and the federal government’s role in responsible homeownership and the supply of affordable rental housing. Chairman Frank has invited Treasury Secretary Timothy Geithner and Housing and Urban Development Secretary Shaun Donovan to present the Administration’s perspective, as well as representatives of the advocacy community, academia, and industry to present their ideas on the future of housing finance. Witnesses will be announced at a later date.
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