NAMB to file lawsuit over RESPA rule: Studies show final RESPA rule will hurt consumers and small businesses

House Financial Services Committee to hear originator oversight testimonyMortgagePress.comHouse Financial Services Committee, FHA Oversight of Loan Originators, Phillip Murray, James Heist, George Hanzimanolis, John A. Courson The House Financial Services Committee will meet in open session on Friday, Jan. 9, 2009, for a hearing entitled "FHA Oversight of Loan Originators." The witness list for the hearing includes: • Phillip Murray, Deputy Assistant Secretary for Single Family Housing. U.S. Department of Housing and Urban Development • James Heist, Assistant Inspector General for Audit, Office of Inspector General, U.S. Department of Housing and Urban Development • George Hanzimanolis, CRMS, Bankers First Mortgage Inc. and Past President, National Association of Mortgage Brokers • John A. Courson, President and Chief Executive Officer, Mortgage Bankers Association The hearing will begin at 10:00 a.m. in 2128 Rayburn House Office Building. A link to the live hearing will be available on the Committee's Web site by clicking here.