More on Financial Services
Jul 26, 2012
GUTIERREZ PRAISES HUD RENTAL ASSISTANCE DEMONSTRATION (RAD) AS "INTELLIGENT MOVE" TO HELP WORKING CLASS AND POOR FAMILIES
Today, the Department of Housing and Urban Development (HUD) began initial implementation of the Obama Administration’s groundbreaking effort to preserve tens of thousands of public and other HUD-assisted housing with the publication of the Rental Assistance Demonstration (RAD) Final Notice in the Federal Register.
Jul 12, 2012
GUTIERREZ STATEMENT ON $175 MILLION WELLS FARGO/DOJ HOME LOAN SETTLEMENT
Today, the Department of Justice and Wells Fargo announced a $175 million settlement in a case of systematic discrimination against Hispanic and African-American homeowners and borrowers.
Mar 7, 2012
IN CALLING FOR MORTGAGE PRINCIPAL WRITEDOWNS, GUTIERREZ SUGGESTS ACTING FHFA DIRECTOR STEP ASIDE
Today, Rep. Luis V. Gutierrez, Ranking Democrat on the Housing, Insurance, and Community Opportunity Subcommittee of Financial Services, joined advocates and Members of the Progressive Caucus at a Capitol Hill press conference calling on Edward DeMarco, Acting Director of the Federal Housing Finance Agency (FHFA), which oversees Fannie Mae and Freddie Mac, to write down principal amounts for struggling homeowners.
Feb 29, 2012
GUTIERREZ JOINS MEMBERS OF THE CONGRESSIONAL PROGRESSIVE CAUCUS IN CALLING FOR MORTGAGE PRINCIPAL WRITEDOWNS BY FHFA
Rep. Luis V. Gutierrez, Ranking Democrat on the Housing, Insurance, and Community Opportunity Subcommittee of Financial Services and a member of the Congressional Progressive Caucus (CPC), joined advocates in New York, Washington, D.C. and Southern California in calling on Edward DeMarco, the Acting Director of the Federal Housing Finance Agency (FHFA), which oversees Fannie Mae and Freddie Mac (aka government-sponsored enterprises or GSEs), to write down principal amounts for struggling homeowners.
Jan 5, 2012
GUTIERREZ PRAISES OBAMA'S APPOINTMENT OF CORDRAY TO HEAD CFPB
Yesterday in Ohio, President Barack Obama announced the recess appointment of former Ohio Attorney General Richard Cordray to be the first Director of the new Consumer Financial Protection Bureau (CFPB), which was created by the Dodd-Frank Wall Street Reform Act to protect the interests of consumers.
Dec 8, 2011
FSC SUBCOMMITTEE ON HOUSING, INSURANCE, AND COMMUNITY OPPORTUNITY MARKS UP THREE BILLS
Today, the House Financial Services Subcommittee on Housing, Insurance and Community Opportunity held a markup of three bills.
Dec 8, 2011
REP. GUTIERREZ ON REPUBLICAN FILIBUSTER OF CORDRAY NOMINATION FOR CFPB DIRECTOR
The Senate failed to overcome a Republican filibuster today that would have allowed a vote on President Obama's nominee, Richard Cordray, to be the first Director of the Consumer Financial Protection Bureau (CFPB), an agency created by last year's Dodd-Frank Wall Street Reform bill.
Nov 29, 2011
REP. LUIS GUTIERREZ STATEMENT ON BARNEY FRANK AND THE FINANCIAL SERVICES COMMITTEE
Rep. Luis V. Gutierrez (IL-04), Ranking Democrat on the Financial Services Subcommittee on Housing, Insurance, and Community Opportunity, issued the following statement on the announcement by Rep. Barney Frank (MA-04) that he would not seek reelection in 2012.
Nov 2, 2011
HEARING ON HUD HOME PROGRAM FEATURES CONVICTED FELONS WHO DONATED TO GOP
Rep. Luis Gutierrez (D-IL), a Member of the House Financial Services Committee and Ranking Democrat on the Insurance, Housing and Community Opportunity Subcommittee, participated in an unusual hearing today. The hearing, entitled “Fraud in the HUD HOME Program,” featured the testimony of two criminals convicted of defrauding the government, one of whom was a donor who contributed money to the GOP during the height of her embezzlement, according to FEC records.
Nov 2, 2011
GUTIERREZ STATEMENT: “THE CONSUMER FINANCIAL PROTECTION BUREAU: THE FIRST 100 DAYS”
Rep. Luis Gutierrez (D-IL), a Member of the House Financial Services Committee Subcommittee on Financial Institutions and Consumer Credit (and the Subcommittee's former Chairman), participated in a hearing today examining the new Consumer Financial Protection Bureau (CFPB) and its first 100 days of operations.
