Eminent Domain and the Housing Market
Panelists argued the merits of using the “eminent domain” process to help distressed homeowners in which local governments buy homes worth less than their mortgages, and sell the homes back …
600 viewsPanelists argued the merits of using the “eminent domain” process to help distressed homeowners in which local governments buy homes worth less than their mortgages, and sell the homes back …
600 viewsWitnesses testified on the implementation of Title VII of the Dodd-Frank financial regulations law, which deals with over-the-counter derivatives and swaps market regulations. Commodity Futu…
731 viewsHousing industry and policy experts talked about the future of homeownership. They focused on the benefits and costs of homeownership and the role of lenders, investors and government polici…
189 viewsWitnesses testified about the state of the securitization markets. Securitization is the bundling together of financial products, such as residential or commercial mortgages, and selling the…
562 viewsWitnesses testified about the implications of recent reports of faulty foreclosure-related documentation practices by mortgage servicers from the perspective of consumers. Evicted Detroit h…
13,000 viewsExperts from the Treasury Department, Federal Reserve Board, and Fannie Mae and Freddie Mac testified on the mortgage crisis focusing on shady lending and foreclosure practices and robo-sign…
576 viewsWitnesses spoke about replacing government-backed mortgage holding companies Fannie Mae and Freddie Mac with private companies that would receive minimal government support. Among the topics…
494 viewsMortgage industry officials testified about plans to address and prevent mortgage foreclosures and allow some homeowners in default to modify the terms of their loan in order to make payment…
977 viewsWitnesses testified about the Treasury Department’s use of a $700 billion fund, known as the Troubled Assets Relief Program (TARP). They focused on the operation and management of the fund, …
1,093 viewsFinancial advisers and university officials testified about the state of U.S. credit markets, federal oversight of student loan practices, the cost and availability of student loans, as well…
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