USA - April 8 2010 Yesterday, the Financial Crisis Inquiry Commission (FCIC), a congressionally appointed commission tasked with researching the financial collapse, held the first day of a three-day hearing entitled, "Subprime Lending and Securitization and Government-Sponsored Enterprises (GSEs).
USA - October 30 2009 Yesterday, the House Committee on Energy and Finance, by a 33-19 vote, approved H.R. 3126, the Consumer Financial Protection Agency Act of 2009 (CFPA Act).
USA - March 26 2010 Yesterday, the House Committee on Oversight and Government Reform held a hearing entitled, "Foreclosure Prevention: Is the Home Affordable Modification Program Preserving Homeownership?"
USA - September 30 2010 It is being widely reported in the press that J.P. Morgan Chase (J.P. Morgan) announced today that it will freeze some of its foreclosures, mirroring a similar announcement by Ally Financial Inc.’s GMAC mortgage unit (Ally) last week that Ally is suspending evictions and post-foreclosure proceedings.
USA - October 1 2010 Today, the Commodity Future Trading Commission (CFTC) held an open meeting during which it introduced the first in a series of rulemakings under the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act).