Congress
HIGHLIGHT
In 1994, the average home cost about $150,000, and almost no one had ever heard of a subprime loan. That was also the year when Congress last took any major action against predatory mortgage lending. Today federal lawmakers are playing catch-up as they consider key legislation to stop foreclosures and strengthen protections against abusive lending practices.
Search Mortgage Lending - Policy & Legislation - Congress
Browse Mortgage Lending - Policy & Legislation - Congress
- Solutions to the Foreclosure Crisis
March 25, 2009Highlights of legislation CRL endorsed which focuses on ways to fix the foreclosure crisis
- Mortgage Lending Reform: A Comprehensive Review of the American Mortgage System
March 11, 2009Comprehensive testimony detailing the current state of the mortgage system, the reasons it is broken, and the steps and tools needed to stem the massive growth of foreclosures.
- Highlights of the New Housing Plan
February 20, 2009Highlights of President Obama's plan to address the housing crisis
- Promoting Bank Liquidity and Lending Through Deposit Insurance, The HOPE for Homeowners Program, And Other Enhancements
February 3, 2009Testimony re: H.R. 703, a bill to promote bank liquidity and lending through deposit insurance, the HOPE for Homeowners program, and other enhancements.
- Common-Sense Solutions for Saving Homes and Communities
January 30, 2009CRL proposes four policy recommendations that focus on removing obstacles that prevent systematic, sustainable loan modifications
- CRL’s Summary of Credit Suisse Findings on Bankruptcy Reform
January 29, 2009Excerpts from Credit Suisse report which discussed bankruptcy reform
- A Tax-Free Foreclosure Solution: Loan Mods Through the Courts
January 28, 2009Report advocates use of Court-supervised loan modifications without using public funds in order to preserve home values and provide fair terms to lenders
- Key Tool for Stabilizing the Housing Market
January 23, 2009Report advocates the use of court-supervised loan modifications in bankruptcy
- Reducing Foreclosures without Cost to Taxpayers
January 23, 2009Overview and endorsement of The Helping Families Save Their Homes in Bankruptcy Act of 2009 (S 61 and HR 200)
- Priorities for the Next Administration: Use of TARP Funds under EESA
January 13, 2009Michael D. Calhoun, President, CRL
