Wednesday, November 10, 2010

Senate Banking Committtee Sets Hearing on Foreclosures

The Senate Banking Committee has announced that it will hold a hearing on Tuesday November, 16 "to investigate allegations of improper and fraudulent mortgage servicing and foreclosure processing." The witnesses scheduled to testify are

  • Attorney General of Iowa, Tom Miller
  • President of Bank of America Home Loans, Barbara Desoer
  • CEO of Chase Home Lending, David Lowman
  • CEO of MERSCORP., Inc., RK Arnold
  • Associate Professor of Law, Adam J. Levitin
  • Counsel for National Consumer Law Center, Diane E. Thompson

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