Chairman Hensarling Opposes Obama Administration Decision to Extend Failed HAMP
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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
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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
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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
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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
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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
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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?
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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
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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”. Chairman Hensarling: "For us to have a healthy economy, we must put the nation on a sustainable fiscal path. And to have a sustainable fiscal path, we must also have a sustainable housing finance system. I have grave fears that FHA, as it is operating today, is an impediment to both."
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WASHINGTON- House Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing titled “Bailout, Bust, or Much Ado About Nothing?: A Look at the Federal Housing Administration’s 2012 Actuarial Report.” Chairman Hensarling on CNBC Squawk Box
| Posted in In Case You Missed It
House Financial Services Committee Chairman Jeb Hensarling (R-TX) joined CNBC’s Squawk Box this morning to discuss the committee’s current hearing series on the state of the Federal Housing Authority (FHA). Hensarling also discussed what to expect from President Obama’s State of the Union Address tonight. Browse Documents by Date or Issue |
