As coronavirus (COVID-19) continues to affect Americans from all walks of life, borrowers can take action now to mitigate the impact of a missed mortgage payment. The Federal Housing Finance Agency (FHFA) and Federal Housing Administration (FHA) have taken steps to remind borrowers of hardship forbearance options.
Ranking Republican Patrick McHenry (NC-10) issued the following statement… Read more »
Today, Republican leaders of the House Financial Services Committee, led by Ranking Republican Patrick McHenry (NC-10), sent a letter to Consumer Financial Protection Bureau (CFPB) Director, Kathleen Kraninger, asking for her assistance in protecting seniors from coronavirus-fueled scams.
The Republican Committee leaders wrote, “In light of the evolving nature of the coronavirus, there… Read more »
WASHINGTON – Today, the Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), and Republican leader of the Subcommittee on Housing, Community Development, and Insurance, Steve Stivers (OH-15), sent letters to the nation’s largest Public Housing Authority (PHA) leaders urging them to implement policies to protect vulnerable residents from the coronavirus… Read more »
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to President Trump’s national emergency declaration to combat the coronavirus (COVID-19):
“The President has called for a whole-of-government response to the coronavirus pandemic. By declaring a national emergency, President Trump is taking the… Read more »
Today, Republican leaders of the House Financial Services Committee introduced eight bills in the ongoing effort to combat the economic and public health impact of coronavirus (COVID-19) through innovation and technology solutions. In response to President Trump’s call for a whole-of-government approach, Republicans are proposing these first steps to help businesses of all sizes,… Read more »
Today, the House Financial Services Committee held its second in a series of three hearings this month on Wells Fargo. The Committee heard from Elizabeth Duke and James Quigley, former members of the Wells Fargo Board during the 2016 sales practices scandal. The third Republican staff report issued last week found that both Duke and Quigley did not ensure the company was making progress… Read more »
Today, the House Financial Services Committee held a hearing with Wells Fargo CEO Charles Scharf. Last week, Committee Republicans issued the third Republican staff report on Wells Fargo’s sales practices scandal, which proves the Bank was not too big to manage—but was grossly mismanaged.
This is the first in a series of three hearings scheduled by Committee Democrats on Wells Fargo… Read more »
WASHINGTON – Today, House Financial Services Committee Republican leaders, led by Ranking Member Patrick McHenry (NC-10), sent a letter to the Chairman of the Financial Stability Oversight Council (FSOC), Secretary Steven Mnuchin. In the letter, Committee leaders requested FSOC convene a meeting to ensure they are prepared to address the potential threat of coronavirus to our financial… Read more »
Today, Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement in response to the resignation of Wells Fargo Board Chair Elizabeth Duke and Board Member James Quigley:
“Fresh perspectives on the Board will help move Wells Fargo forward. The Republican report shows, time and time again, the Bank’s reliance on the status… Read more »
WASHINGTON – Today, Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), and Republican leader of the Subcommittee on Oversight and Investigations, Andy Barr (KY-6), issued the third Republican staff report on Wells Fargo’s sales practices scandal. The report found Wells Fargo’s uniquely flawed structure and gross mismanagement have stunted the… Read more »
