Weekly Rundown
| Posted in Member Corner
We’ll hold four hearings -- including full committee action on sustainable housing finance reform -- this week in addition to our three (and a half) bills on the House Floor. Be sure to check back here on the Bottom Line Blog -- and subscribe to our email lists -- for updates throughout the week. Here’s what’s happening: We’re told on Tuesday the Rules Committee will meet… Chairman Hensarling Announces Upcoming Committee Schedule
| Posted in Press Releases
Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s hearing schedule for the first half of June. Chairman Hensarling Opposes Obama Administration Decision to Extend Failed HAMP
| Posted in Press Releases
Financial Services Committee Chairman Jeb Hensarling (R-TX) expressed his strong opposition to President Obama’s decision to extend the Home Affordable Modification Program (HAMP), a failed and costly program that has been shown to actually hurt struggling homeowners. Chairman Hensarling Announces New Subcommittee Assignments for Two Members
| Posted in Press Releases
Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced new subcommittee assignments for two members of the committee -- Rep. Dennis Ross (R-FL) and Rep. Keith Rothfus (R-PA). Hearing Explores Government Role in Multifamily and Health Care Facilities Mortgage Insurance and Reverse Mortgages
| Posted in Press Releases
The Financial Services Housing and Insurance Subcommittee continued its examination of the troubled Federal Housing Administration (FHA) today with a hearing that focused on several of the agency’s programs that operate outside its mission. Subcommittee Hearing Shows FHA's Current Policies and Practices Create an Impediment to a Sustainable Housing Finance System
| Posted in Press Releases
The Federal Housing Administration (FHA), as it operates today, is an impediment to a sustainable housing finance system and must be reformed, witnesses told the House Financial Services Housing and Insurance Subcommittee today. Subcommittees Focus on FHA; Too Big to Fail
| Posted in Member Corner
FHA Government backing for the Federal Housing Administration (FHA) gives it competitive advantages over private sector mortgage insurers, driving them out of the marketplace and leaving homebuyers with fewer choices, witnesses told the Financial Services Subcommittee on… Financially Troubled FHA Crowding Out Private Sector Mortgage Insurers, Witnesses Tell Subcommittee
| Posted in Press Releases
Government backing for the Federal Housing Administration (FHA) gives it competitive advantages over private sector mortgage insurers, driving them out of the marketplace and leaving homebuyers with fewer choices, witnesses told the Financial Services Subcommittee on Housing and Insurance today. INFOGRAPHIC: Why is FHA a 'high risk' government program?
| Posted in Member Corner
On February 14, 2013 the Government Accountability Office (GAO) added the Federal Housing Administration (FHA) to its list of government programs identified as “high risk due to their greater vulnerability to fraud, waste, abuse and mismanagement or the need for transformation”. Chairman Hensarling Statement on FHA Being Added to "High Risk" List by GAO
| Posted in Press Releases
Financial Services Committee Chairman Jeb Hensarling released the following statement today after the Government Accountability Office (GAO) added the Federal Housing Administration (FHA) to its list of government programs identified as “high risk due to their greater vulnerability to fraud, waste, abuse and mismanagement or the need for transformation”. Browse Documents by Date or Issue |
