COMMITTEE ON FINANCIAL SERVICES U.S. HOUSE OF REPRESENTATIVES ONE HUNDRED EIGHTH CONGRESS FIRST SESSION JUNE 12, 2003 Printed for the use of the Committee on Financial Services Serial No. 108-37 91-542 PDF U.S. GOVERNMENT PRINTING OFFICE WASHINGTON: 2003 For sale by the Superintendent of Documents, U.S. Government Printing Office HOUSE COMMITTEE ON FINANCIAL SERVICES JAMES A. LEACH, Iowa MICHAEL G. OXLEY, Ohio, Chairman DOUG BEREUTER, Nebraska SUE W. KELLY, New York, Vice Chair PAUL E. GILLMOR, Ohio JIM RYUN, Kansas STEVEN C. LATOURETTE, Ohio WALTER B. JONES, JR., North Carolina JUDY BIGGERT, Illinois SHELLEY MOORE CAPITO, West Virginia PATRICK J. TIBERI, Ohio MARK R. KENNEDY, Minnesota TOM FEENEY, Florida JEB HENSARLING, Texas SCOTT GARRETT, New Jersey TIM MURPHY, Pennsylvania GINNY BROWN-WAITE, Florida J. GRESHAM BARRETT, South Carolina BARNEY FRANK, Massachusetts CHARLES A. GONZALEZ, Texas MICHAEL E. CAPUANO, Massachusetts JOSEPH CROWLEY, New York WM. LACY CLAY, Missouri STEVE ISRAEL, New York MIKE ROSS, Arkansas CAROLYN MCCARTHY, New York JOE BACA, California JIM MATHESON, Utah STEPHEN F. LYNCH, Massachusetts ARTUR DAVIS, Alabama RAHM EMANUEL, Illinois BRAD MILLER, North Carolina BERNARD SANDERS, Vermont SUBCOMMITTEE ON FINANCIAL INSTITUTIONS AND CONSUMER CREDIT SPENCER BACHUS, Alabama, Chairman STEVEN C. LATOURETTE, Ohio, Vice DOUG BEREUTER, Nebraska WALTER B. JONES, JR, North Carolina JUDY BIGGERT, Illinois PATRICK J. TOOMEY, Pennsylvania MELISSA A. HART, Pennsylvania SHELLEY MOORE CAPITO, West Virginia PATRICK J. TIBERI, Ohio MARK R. KENNEDY, Minnesota TOM FEENEY, Florida JEB HENSARLING, Texas SCOTT GARRETT, New Jersey TIM MURPHY, Pennsylvania GINNY BROWN-WAITE, Florida J. GRESHAM BARRETT, South Carolina RICK RENZI, Arizona KF27 B5364 2003e Copy 1 டட்' BERNARD SANDERS, Vermont JULIA CARSON, Indiana HAROLD E. FORD, JR., Tennessee RUBEN HINOJOSA, Texas KEN LUCAS, Kentucky JOSEPH CROWLEY, New York STEVE ISRAEL, New York MIKE ROSS, Arkansas CAROLYN MCCARTHY, New York ARTUR DAVIS, Alabama Page Fishbein, Allen, General Counsel, Center for Community Change Loban, George B., Co-Chairman and President, FSF Financial Corporation and First Federal FSB, Hutchinson, MN, on behalf of America's Community Moskowitz, David, General Counsel, Wells Fargo Home Mortgage Prepared statements: Bachus, Hon. Spencer Gillmor, Hon. Paul E. Hinojosa, Hon. Rubén Cloutier, C. R. Courson, John A. Fishbein, Allen Gambill, Harry Hendricks, Evan Hildebrand, Scott Vadala, Michael ADDITIONAL MATERIAL SUBMITTED FOR THE RECORD Maloney, Hon. Carolyn: "Cash-Outs Let Homeowners Share the Wealth," article, The Washington |