36105 020 997 123 HOUSE COMMITTEE ON BANKING, FINANCE AND URBAN AFFAIRS FERNAND J. ST GERMAIN, Rhode Island, Chairman HENRY B. GONZALEZ, Texas STEPHEN L. NEAL, North Carolina NORMAN E. D'AMOURS, New Hampshire WILLIAM J. COYNE, Pennsylvania RICHARD H. LEHMAN, California JIM COOPER, Tennessee MARCY KAPTUR, Ohio BEN ERDREICH, Alabama CHALMERS P. WYLIE, Ohio STEWART B. MCKINNEY, Connecticut RON PAUL, Texas ED BETHUNE, Arkansas NORMAN D. SHUMWAY, California STAN PARRIS, Virginia BILL MCCOLLUM, Florida GEORGE C. WORTLEY, New York MARGE ROUKEMA, New Jersey BILL LOWERY, California DOUG BEREUTER, Nebraska THOMAS J. RIDGE, Pennsylvania (Witnesses listed in order of appearance) Lawrence A. Kudlow, Associate Director for Economics and Planning, Office David O. Maxwell, chairman and chief executive officer, Federal National Kenneth J. Thygerson, president, Federal Home Loan Mortgage Corporation... Page 1 205 8 72 148 ADDITIONAL MATERIAL SUBMITTED FOR INCLUSION IN THE RECORD Gonzalez, Chairman Henry B., opening statement 4 Prepared Statement. 17 Response to additional written questions of Chairman Gonzalez..... ...... 198-201 Maxwell, David O.: Prepared statement, with appendixes, on behalf of the Federal National 78 Response to additional written questions of Chairman Gonzalez................ 201-203 Thygerson, Kenneth J.: Prepared statement, with attachments, on behalf of the Federal Home 154 202-204 Response to additional written questions of Chairman Gonzalez...... MAY 18, 1983 (Witnesses listed in order of appearance) Barbara A. Hallbauer, executive vice president, Norwest Mortgage Inc., and 206 William A. Simpson, vice president, Mortgage Insurance Companies of Amer- 225 Dennis D. Dammerman, vice president and general manager, real estate 241 William T. Wallis, president, Fidelity Federal Savings & Loan Association, 319 328 Dr. Mark J. Riedy, executive vice president, Mortgage Bankers Association of 344 ADDITIONAL MATERIAL SUBMITTED FOR INCLUSION IN THE RECORD Prepared statement, with appendix, on behalf of the General Electric (III) 246 Dammerman, Dennis D.-Continued P Response in regard to a colloquy with Congressman Wylie in the form of Prepared statement on behalf of both the Norwest Mortgage, Inc., and the Residential Funding Corp.... Response to additional written questions of Chairman Gonzalez......... 3 378, 37 Letter submitted, dated May 16, 1983, containing signatures of officials Prepared statement on behalf of the National Association of Home Build- 330 Response to the additional written questions of Chairman Gonzalez........ 376, 377 Riedy, Dr. Mark J., prepared statement on behalf or the Mortgage Bankers 377, 378 Response to additional written questions of Chairman Gonzalez ...... Wallis, William T., prepared statement on behalf of the U.S. League of ADDITIONAL MATERIAL SUBMITTED FOR INCLUSION IN THE RECORD Appendix A: Questions for the record from Congressman Steve Bartlett...... Response from Kenneth J. Thygerson, The Mortgage Corp Response from Dale P. Riordan, Federal National Mortgage Association.... Response from Robert W. Green, associate general counsel of governmen- tal and legislative affairs, General Electric Credit Corp., for Mr. Dam- 435 434 The Irvine Co., Newport Beach, Calif., dated May 13, 1983, from Warren Young, Hon. Andrew, mayor, city of Atlanta, Ga., dated May 18, 1983.. |