video: http://www.c-spanvideo.org/program/id/216371
10:15-11:15 a.m. "New Proposed Mortgage Loan Protections for Consumers" Topics included: In response to many reports of mortgage broker and lender abuses against borrowers, and widespread public support for reforms, Congressional leaders, the Administration, and the Federal Reserve Board have proposed new protections and required disclosures. What is the nature of these different reform proposals? To what extent would they protect mortgage loan borrowers and improve the quality of their decision-making? Which reforms are likely to be adopted Kathleen C. Ryan, Senior Counsel Federal Reserve Board John Courson, President and CEO Mortgage Bankers Association Mike Calhoun, President Center for Responsible Lending === Government's Role in Preventing Mortgage Forclosures - Cspan video: http://www.c-spanvideo.org/program/id/216370 Participants spoke about mortgage foreclosure trends and estimates that eventually up to eight million families will lose their homes. Lenders and the federal government have created several programs for stemming these foreclosures through mortgage loan modifications, but some critics complain that these loan modifications are insufficient. Phyllis Caldwell, Director, Office of Homeownership Preservation U.S. Department of Treasury Faith Schwartz, Executive Director Hope Now Alliance Deborah Goldberg, Director - Hurricane Relief Project National Fair Housing Alliance -- You received this message because you are subscribed to the Google Groups "ShadowGovernment" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/shadowgovernment?hl=en.
