Financial Services

Financial Services Verified account

@FinancialCmte

U.S. House Committee with oversight of the financial services industry. Top priorities: a stronger economy, more jobs & no more bailouts.

Washington, D.C. · http://financialservices.house.gov/

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  1. 16 hrs

    is now on GAO's list of "high risk" federal programs. Let's to protect taxpayers from another bailout.

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  2. 16 hrs

    BREAKING: added to GAO list of "high risk" govt programs. Chairman Hensarling's statement:

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  3. 17 hrs

    The is flat broke and we fear soon FHA will prove to be broke. We need to work together to

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  4. Feb 13

    RT : At today’s hearing, I voiced concerns over a possible bailout.

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  5. Feb 13

    The hearing has concluded. Thanks to Commissioner Galante for her testimony. Learn more about our effort to @

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  6. Feb 13

    Chairman 's openning statement from today's hearing

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  7. Feb 13

    MT : shouldn't be preferred lender for high-priced mortgages. is putting taxpayers at risk.

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  8. Feb 13

    Galante says w/o housing market would have fallen further. Reality is govt should not - and cannot - “correct” law of supply & demand.

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  9. Feb 13

    If is to be a counter-cyclical tool in times of crisis, they must have a plan for how to scale back operations as markets stabilize.

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  10. Feb 13

    RT : Glad to see ask Treasury nominee, Jack Lew about the economic impacts from the massive regulations in

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  11. Feb 13

    Galante says has bolstered MMIF. Really? MMIF has gone from $4.66B in '10 to $2.55B in '11 to negative $16.28B in '12

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  12. Feb 13

    We cannot achieve a sustainable mortgage finance system until we can attract the private sector back to the mortgage insurance market.

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  13. Feb 13

    uses its govt backing to maintain & expand its footprint. That drives out private competitors & leaves lenders with fewer alternatives.

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  14. Feb 13

    The housing crisis that caused to dramatically expand its market share has abated, so too should the FHA’s footprint. RT if you agree.

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  15. Feb 13

    says they deal with "lower wealth borrowers"...I didn't realize "lower wealth borrowers" could afford the $720K home loan they provide.

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  16. Feb 13

    was created to complement mortgage insurance market. Now FHA controls 56.4% of the market, dwarfing the 19.7% held by private insurers.

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  17. Feb 13

    The Obama Admin's FY13 budget estimates would need a $688 million taxpayer bailout to shore up its single-family insurance fund.

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  18. Feb 13

    We're running the during today's hearing. When the gavel dropped, your federal govt's debt stood at $16,519,746,000,000.

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  19. Feb 13

    MT : I am about to speak at the hearing on the . To watch, click here:

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  20. Feb 13

    Without reform, may need a taxpayer bailout. Tune in at the top of the hour to learn more. LIVE STREAM:

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