Speaking at Thursday's House Judiciary Committee hearing entitled "Oversight of the Justice Department’s Mortgage Lending Settlements," some lawmakers criticized the federal government for using little or none of the $36 billion in recent mortgage backed-securities settlements with big banks to help foreclosure victims.
Read More »Home / Tag Archives: House Judiciary Committee
House Committee Approves Amendment to Bankruptcy Code for Large Banks
The House Judiciary Committee approved bipartisan legislation that is aimed at speeding up the bankruptcy process and preventing taxpayers from taking the hit in the event of the failure of large financial institutions.
Read More »