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Building Sustainable Homeownership:
Responsible Lending and Informed Consumer Choice

Federal Reserve Bank of Chicago
230 South LaSalle Street, Chicago, Illinois  60604
June 7, 2006


Agenda* | Transcript
 
8:30 a.m. Welcome and Opening Remarks
Governor Mark W. Olson, Board of Governors of the Federal Reserve System
  9:00 a.m. The Impact of Federal and State Predatory Lending Laws and Developments in Subprime Lending: Consumer and Industry Perspectives
Panel:

Wright Andrews, National Home Equity Mortgage Association

Thomas James, Deputy Attorney General, State of Illinois

Daniel Lindsey, Supervisory Attorney, Home Ownership Preservation Project, Legal Assistance Foundation of Metropolitan Chicago

James L. Nabors II, National Association of Mortgage Brokers

Geoff Smith, Project Director, Woodstock Institute

Diane Thompson, Attorney, Land of Lincoln Legal Assistance Foundation

Michael Williams, Vice President for Legislative Affairs, The Bond Market Association

 10:30 a.m. Break
 10:45 a.m. The Impact of Federal and State Predatory Lending Laws and Developments in Subprime Lending: Researcher and Analyst Perspectives
Panel:

Keith S. Ernst, Senior Policy Counsel, Center for Responsible Lending

M. Scott Mason, Director, Structured Finance Ratings, Residential Mortgage Backed Securities, Standard & Poor's

Anthony Pennington-Cross, Senior Economist, Federal Reserve Bank of St. Louis

Kenneth A. Posner, Managing Director, Specialty and Mortgage Finance, Morgan Stanley

Roberto G. Quercia, Associate Professor, Department of City and Regional Planning, University of North Carolina at Chapel Hill

Michael E. Staten, Distinguished Professor and Director, Credit Research Center, Georgetown University

12:15 p.m. Break for Lunch
1:30 p.m. Sustainable Homeownership: Consumer Education
Panel:

Loretta Abrams, Vice President for Consumer Affairs, HSBC

Heidi Coppola, Vice President and Director, Public Policy and Issue Management, Citigroup

Bruce Gottschall, Executive Director, Neighborhood Housing Services of Chicago

David Rose, Director of Research and Technology, National Training and Information Center

Michael Shea, Executive Director, ACORN Housing Corporation

 3:00 p.m. Open Microphone
4:00 p.m. Adjourn

*Working agenda as of June 6, 2006

2006 Hearings