[Congressional Record Volume 146, Number 86 (Friday, June 30, 2000)]
[Daily Digest]
[Pages D704-D705]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

Committee Meetings
(Committees not listed did not meet)
HUD'S GOVERNMENT INSURED MORTGAGES
Committee on Governmental Affairs: Permanent Subcommittee on Investigations 
concluded hearings to examine the adequacy of Department of Housing and 
Urban Affairs' policies and procedures for overseeing lenders that make 
mortgage loans insured by

[[Page D705]]

HUD's Federal Housing Administration, focusing on mortgage fraud commonly 
known as ``flipping'', which involves the purchase and then resale of 
property at greatly inflated prices, after receiving testimony from William 
C. Apgar, Assistant Secretary for Housing/Federal Housing Commissioner, 
Susan Gaffney, Inspector General, Kathryn M. Kuhl-Inclan, Assistant 
Inspector General for Audit, and Philip Kesaris, Assistant Inspector General 
for Investigations, all of the Department of Housing and Urban Development.
        H