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


Panel 1

Mr. Morris Morgan (testimony)

Deputy Comptroller for Large Bank Supervision

Office of the Comptroller of the Currency


Ms. Suzanne G. Killian(testimony)

Senior Associate Director for the Division of Consumer and Community Affairs

Federal Reserve System


Mr. Alfred M. Pollard (testimony)

General Counsel

Federal Housing Finance Agency


Ms. Sheila Sellers(testimony)

National Mortgage Outreach Executive

Bank of America


Mr. Eric J. Schuppenhauer(testimony)

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

JPMorgan Chase Bank, NA


Mr. Joe Ohayon(testimony)

Senior Vice President, Community Relations

Wells Fargo Home Mortgage


Mr. Jeff Jaffee(testimony)

Chief Regulatory Affairs Officer



Panel 2

The Honorable Arthur M. Schack (testimony)

Supreme Court Justice

State of New York


Ms. Meghan Faux(testimony)

Deputy Director

South Brooklyn Legal Services


Mr. Edward Pinto(testimony)

Resident Fellow

American Enterprise Institute