Full Committee Hearing

Housing Finance Reform: Protecting Small Lender Access to the Secondary Mortgage Market

Date:   Tuesday, November 5, 2013 Time:   10:00 AM

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Topic

COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS will meet in OPEN SESSION to conduct a hearing on “Housing Finance Reform: Protecting Small Lender Access to the Secondary Mortgage Market.” The witnesses will be: Mr. Richard Swanson, President and CEO, Federal Home Loan Bank of Des Moines on behalf of the Council of Federal Home Loan Banks; Mr. William A. Loving, Jr., President and CEO of Pendleton Community Bank, Franklin, West Virginia and Chairman of Independent Community Bankers of America; Mr. Bill Hampel, Senior Vice President and Chief Economist, Research & Policy Analysis, Credit Union National Association; Mr. Bill Cosgrove, CMB, President and CEO, Union Home Mortgage Company and Chairman-Elect of Mortgage Bankers Association; Mr. John Harwell, Associate Vice President of Risk Management, Apple Federal Credit Union, Fairfax, VA on behalf of the National Association of Federal Credit Unions; and Mr. Jeff Plagge, President and CEO, Northwest Financial Corp., Arnolds Park, Iowa and Chairman of the American 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. Bill Cosgrove
    CMB, President and CEO
    Union Home Mortgage Company and Chairman-Elect of Mortgage Bankers Association
  2. Mr. Bill Hampel
    Senior Vice President and Chief Economist
    Research & Policy Analysis, Credit Union National Association
  3. Mr. John Harwell
    Associate Vice President of Risk Management
    Apple Federal Credit Union, Fairfax, VA on behalf of the National Association of Federal Credit Unions
  4. Mr. William A. Loving
    President and CEO
    Pendleton Community Bank, Franklin West Virginia and Chairman of Independent Community Bankers of America
  5. Mr. Jeff Plagge
    President and CEO
    Northwest Financial Corp., Arnolds Park, Iowa and Chairman of the American Bankers Association
  6. Mr. Richard Swanson
    President and CEO
    Federal Home Loan Bank of Des Moines on behalf of the Council of Federal Home Loan Banks