Failure to Recover: The State of Housing Markets, Mortgage Servicing Practices, and Foreclosures

March 19, 2012

Chairman’s Preview Statement

Field Hearing: Brooklyn Borough Hall, located at 209 Joralemon Street, Brooklyn, NY

Witnesses

Panel 1

Mr. Morris Morgan (testimony)

Deputy Comptroller for Large Bank Supervision

Office of the Comptroller of the Currency

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Ms. Suzanne G. Killian(testimony)

Senior Associate Director for the Division of Consumer and Community Affairs

Federal Reserve System

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Mr. Alfred M. Pollard (testimony)

General Counsel

Federal Housing Finance Agency

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Ms. Sheila Sellers(testimony)

National Mortgage Outreach Executive

Bank of America

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Mr. Eric J. Schuppenhauer(testimony)

Senior Vice President, Mortgage Banking – Core Servicing and Borrower Assistance Executive

JPMorgan Chase Bank, NA

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Mr. Joe Ohayon(testimony)

Senior Vice President, Community Relations

Wells Fargo Home Mortgage

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Mr. Jeff Jaffee(testimony)

Chief Regulatory Affairs Officer

CitiMortgage

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Panel 2

The Honorable Arthur M. Schack (testimony)

Supreme Court Justice

State of New York

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Ms. Meghan Faux(testimony)

Deputy Director

South Brooklyn Legal Services

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Mr. Edward Pinto(testimony)

Resident Fellow

American Enterprise Institute

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