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February 28, 2012 - Senate Banking Committee hearing entitled "State of the Housing Market: Removing Barriers to Economic Recovery, Part II, "

This hearing provided an opportunity for the Administration's highest ranking housing officials to g on public record as to the state of the housing industry at a time of economic recession.

Chairman Johnson cited the role the housing industry played in the economic downfall and its' significant place in the economy's eventual recovery. Ranking Member Shelby chided the Administration for not directly dealing with secondary houising market issues.