Mr. Wilson, i want to get back to you. In september 2012, icba survey found 55 of bankers decreased their Mortgage Business or stopped providing higher priced Mortgage Loans and higher priced mortgages that took effect in 2010. I wondered if your bank still does offer an issue mortgages and if so, have you decreased the number of mortgages because of regulatory uncertainty . Yes, sir. Most all of our mortgages would have fallen into the higher priced mortgage and we do not have the staff capabilities to escrow insurance and taxes. Again, the last few seconds, thank you so much, all of you for being here and we do want to figure this out. We need to clean this up and ultimately i want to see Community Banks that are vibrant in our communities again and with that i yield back, chairman. The chair recognizes the gentleman from colorado. Thank you, mr. Chair. Somebody mentioned the incredible cost of dodd frank to the system, but i just want to start that before dodd frank in the summer 20
I do not believe there is merit. On june 26, the department of justice sent a letter concluding the appointment of the special counsel is not warranted. Can you explain the determination as to why special counsel is not needed . We look at the regulations. We go by the law. We look at what the regulations are. We have talked about it in this hearing. Ms. Bossermans activities do not come near the regulation for her disqualification. There is no reason to take it away from the normal, regular doing a job. Other people were involved. She is part of a much larger team. That is usually the best way to do an investigation. Congress should be addressing other issues. Provide a level of decorum and stability so that those of us on the committee who do want to get to the truth and have a fair and impartial process can do so without having an abusive setting in which to operate. Is there a financial interest in the president s success . I do not believe she does. You do not have a financial int
Respectfully exercise my fifth amendment right and decline to answer that question. Ms. Lerner, in june, 2011, you requested that holly pawes obtain a copy of the tax exempt application filed by crossroads g. P. S. So that your senior technical advisor, judy kindell, could review it and summarize the issues for you. Ms. Lerner, why did you want to personally order that they pull crossroads g. P. S. , karl roves organizations application. On the advice of my counsel i respectfully exercise my fifth amendment right and decline to answer that question. Ms. Lerner in june of 2012, you were part of an email exchange that appeared to be about writing new regulations on political speech for 501c4 groups and in trent sis your quote, off plan in 2013. Ms. Lerner, what does off plan mean . On the advice of my counsel i respectfully exercise my fifth amendment right and decline to answer that question. Ms. Lerner, in february of 2014, president obama stated that there was not a smidgen of corrupt
Later, the irs commissioner testifies. Our issue spotlight programming begins with tea party and other groups. Patriotsof the testified that they were filingd by the irs after for tax exempt status. This portion of the hearing is about one hour. Good morning. My name is catherine. A nonprofitrman of organization. Thank you for the opportunity to share my story. Citizens just like me are being targeted right administration willing to take any action necessary to silence opposition. I am an average american who prior to 2009 had never been active in the processes of government. Volunteering to work in the polls in 2009, i saw procedural problems. That grew into a national movement. Before getting involved and spoke out for the government stands in contrast to the life i now lead. Person,ll business participating in my church, the government collected my taxes and left me and my family. Myself a target of this federal government. After filing forms to establish taxexempt organizations, an
Anything. You can believe whatever you choose to believe t. I believe in fact based, empirical oversight. Innuendo and drawing conclusions and paranoia do not substitute for factbased, empirical oversight. Security fax here are the facts. An application. Subsequently was visited by osha, the fbi, atf, and was audited by the irs. You should be on the panel, given your views. Our issue spotlight Program Continues in a moment. You can watch more from the oversight hearing on our website. Irs targeting any search section. We invite your feedback on the issue spotlight program. On twitter, facebook, or by email. Our special look at the irs targeting Investigation Continues with lois lerner. Former director of the irs exempt organization took committeeat a meeting. It is about 20 minutes. The committee will come to order. We are here today to continue a hearing that began on may 22, 2013, called the i. R. S. Targeting americans for their political beliefs. The purpose of the hearing is to ga