Full Committee Hearing

Housing Finance Reform: Essential Elements of a Government Guarantee for Mortgage-Backed Securities

Date:   Thursday, October 31, 2013 Time:   10:00 AM

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Topic

COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS will meet in EXECUTIVE SESSION to consider the nominations of The Honorable Wanda Felton, of New York, to be First Vice President, Export-Import Bank of the United States; and Dr. Katherine M. O’Regan, of New York, to be an Assistant Secretary, U.S. Department of Housing and Urban Development. Following the EXECUTIVE SESSION, the Committee will meet in OPEN SESSION to conduct a hearing on “Housing Finance Reform: Essential Elements of a Government Guarantee for Mortgage-Backed Securities.” The witnesses will be: Mr. Joseph Tracy, Executive Vice President and Senior Advisor to the President, Federal Reserve Bank of New York; The Honorable Phillip L. Swagel, Professor of International Economic Policy, University of Maryland School of Public Policy; Mr. Michael S. Canter, Director of Securitized Assets, AllianceBernstein on behalf of the Securities Industry and Financial Markets Association; and The Honorable David H. Stevens, President and CEO, Mortgage Bankers Association. All hearings are webcasted live and will not be available until the hearing starts. Individuals with disabilities who require an auxiliary aid or service, including closed captioning service for webcast hearings, should contact the committee clerk at 202-224-7391 at least three business days in advance of the hearing date.

Witnesses

Witness Panel 1

  1. Mr. Michael S. Canter
    Director of Securitized Assets
    AllianceBernstein on behalf of the Securities Industry and Financial Markets Association
  2. Honorable David H. Stevens
    President and CEO
    Mortgage Bankers Association
  3. The Honorable Phillip L. Swagel
    Professor of International Economic Policy
    University of Maryland School of Public Policy
  4. Mr. Joseph Tracy
    Executive Vice President and Senior Advisor to the President
    Federal Reserve Bank of New York