The move follows the SDLP leader Margaret Ritchie's decision to remove the party whip from Mr O'Loan after he issued a statement calling for a single nationalist party.
"We are now actively calling on Congress to pass legislation next week that will amend the loan program and help accelerate much-needed funds to auto companies that can show long-term viability, " says White House spokeswoman Elizabeth Chervenak.
In recent months, the Federal Reserve and other banking agencies have issued statements calling on mortgage lenders and mortgage servicers to find prudent ways to resolve loan problems with existing borrowers.
Most banks were processing the new loans whereas the big banks were shelving them, so most borrowers calling in to speak with their lenders are speaking to servicers of the loan, and not the original company the borrower closed the loan with.
In our current budget, we are calling for mandatory increases in Pell Grant programs to keep up with inflation, improvements in the Perkins Loan Program.