Serving Park Forest, Illinois
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Washington, D.C.—(ENEWSPF)—March 1, 2011.
Chairman Bachus, Ranking Member Frank, and members of the committee, thank you for the opportunity to testify this morning.
Two weeks ago, we released a report outlining our vision of the next steps for reforming the housing finance market. My testimony today summarizes the content of that report.
There is little dispute that the financial crisis was partly the result of fundamental flaws in the housing finance market. The consequences of…
