Congressman Cummings to Give Remarks at National Consumer Protection Bureau’s Public Hearing on Mortgage Policy

Congressman Cummings to Give Remarks at National Consumer Protection Bureau’s Public Hearing on Mortgage Policy

The following press release was published by the House Committee on Oversight and Reform on Jan. 8, 2013. It is reproduced in full below.

Washington, DC - Rep. Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government Reform, will speak Thursday morning at the Consumer Financial Protection Bureau’s (CFPB) public field hearing on mortgage policy.

The event will also feature remarks by CFPB Director Richard Cordray and a panel discussion moderated by the bureau’s Deputy Director Raj Date.

As the top Democrat on the House Oversight Committee, Cummings has led Congressional efforts to increase homeowner protections and launched several investigations examining illegal foreclosures, inflated fees, and other abuses against homeowners and U.S. servicemembers by mortgage servicers.

Cummings has hosted seven foreclosure prevention workshops in his congressional district, and last year, the House overwhelmingly passed an amendment to the National Defense Authorization Act introduced by Cummings that significantly expands foreclosure protections for servicemembers and their families and disabled veterans. A similar measure was approved by the Senate Veterans Affairs Committee.

What: Public Field Hearing on Mortgage Policy

When: Thursday, Jan. 10, 2013 - 11:00 AM

Where: Westminster Hall, 519 W. Fayette Street, Baltimore MD

Source: House Committee on Oversight and Reform

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