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Delinquencies Please Exclude Modified Loans From Your Answers

Delinquencies Please Exclude Modified Loans From Your Answers

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Published by: subsidyscope_bailout on Mar 09, 2009
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05/12/2010

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Submitted under Section 125(b)(1) of Title 1 of the Emergency Economic Stabilization Act of 2008,Pub. L. No. 110-343
COP
ForeclosureCrisis: WorkingTowardaSolution
MarchOversightReport
March,
 
C O P
 Report: Foreclosure Crisis: Working Toward a Solution, March 6, 009 —
Panel Members*
ElizabethWarren,ChairSen.JohnE.SununuRep.JebHensarlingRichardH.NeimanDamonSilvers
*
Thisreportwasadoptedbya-voteonMarch,.Rep.JebHensarlingvotedagainstthereport.
 
C O P
 Report: Foreclosure Crisis: Working Toward a Solution, March 6, 009 — 3
Contents
PanelMembers..........................................................................................................................ExecutiveSummary...................................................................................................................5SectionOneTheForeclosureCrisis:WorkingTowardaSolution.........................................................I.TheForeclosureCrisis..............................................................................................II.InadequateMortgageMarketDataLimitsSoundPolicyDecisions................III.ObstaclestoLoanSuccessandForeclosureMitigation:PastPrograms.......IV.ChecklistorSuccessulLoanModications....................................................... V.PolicyIssues................................................................................................................ VI.TheHomeownerAordabilityandStabilityPlan..............................................SectionTwoCorrespondencewithTreasuryUpdate..............................................................................SectionThreeTARPUpdateSincePriorReport.........................................................................................SectionFourOversightActivities.................................................................................................................SectionFive AbouttheCongressionalOversightPanel......................................................................... AppendixI:LetterromCongressionalOversightPanelChairElizabethWarrentoTreasurySecretaryMr.TimothyGeithner,DatedJanuary,............................................................... AppendixII:LetterFromTreasurySecretaryMr.TimothyGeithnerToCongressionalOversightPanelChairElizabethWarren,DatedFebruary,........................................................... AppendixIII:LetterromCongressionalOversightPanelChairElizabethWarrenToTreasurySecretaryMr.TimothyGeithner,DatedMarch,

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