WASHINGTON, DC – On Wednesday, Congressman Bill Delahunt will conduct a House Judiciary Committee briefing on the mortgage foreclosure crisis and its broader impact on the economy and financial markets. 

The forum will include testimony from key experts on why efforts to resolve troubled mortgages are having little success, how the growth in foreclosures is causing a drop in housing values and what additional measures exist to address the crisis, including an expanded role for bankruptcy courts. 

WHO:             Congressman Bill Delahunt, House Committee On The Judiciary

WHAT:           Briefing on Foreclosures, Subprime Mortgages and their Impact on the Economy

PANELISTS:

Martha Coakley, Attorney General of the Commonwealth of Massachusetts

William Galvin, Secretary of the Commonwealth of Massachusetts

Professor Elizabeth Warren, Harvard Law School

Ellen Harnick, Senior Policy Counsel with the Center for Responsible Lending

WHERE:        Massachusetts State House – Room 1-A, Boston, MA

WHEN:          Wednesday, October 22, 2008, 1:00 p.m.

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