Gloria and I are registered for this and plan to attend. Will any of you be joining us? As of Wednesday, the 4th, we understand that the registration process is closed.
February 6, 2009 Federal Reserve Bank of Cleveland
The Community Reinvestment Act has come under increasing scrutiny as a result of the nation's subprime lending and foreclosure crises. What role, if any, did the landmark legislation play in the demise of the nation's financial services industry? How should policymakers modify the CRA to ensure it meets the credit needs of low- and moderate-income individuals going forward?
This one-day conference includes presentations and discussions on the CRA that are aimed at facilitating an exchange of research-informed perspectives on the role of the Community Reinvestment Act in delivering financial services to individuals in low- and moderate-income communities. The conference is part of the Cleveland Fed's ongoing efforts to facilitate and help inform high-level discussions on proposed regulatory reform—in this instance, the regulation of financial services available to low- and moderate-income individuals.
Agenda
February 6, 2009 | ||
8:00 am | | Registration and Continental Breakfast |
9:00–9:10 am | Opening Remarks Ruth Clevenger, Federal Reserve Bank of Cleveland | |
| Session I. Financial Services Available to Low- and Moderate-Income Communities | |
9:10–9:50 am | | Financial Services, Saving, and Borrowing Among Low- and Moderate-Income Households Michael Barr, University of Michigan Law School |
9:50–10:30 am | | Discrimination in the Mortgage MarketStephen Ross, University of Connecticut Economics Department |
10:30–10:40 am | Break | |
| Session II. Mortgage Lending in Low- and Moderate-Income Communities | |
10:40–11:20 am | | CRA and Mortgage Lending in LMI Neighborhoods Neil Bhutta, Board of Governors |
11:20 am–12:00 pm | | CRA Lending in the Fourth DistrictLisa Nelson, Federal Reserve Bank of Cleveland |
12:00–1:20 pm | LunchSpeaker: Mark Willis, Ford Foundation | |
| Session III. CRA and Financial Institutions | |
1:20–2:00 pm | | Impact of CRA on Household and Financial Institution IncentivesRobert Avery, Board of Governors |
2:00–2:40 pm | | Impact of CRA Agreements on Community BanksBreck Robinson, University of Delaware |
2:40–2:50 pm | Break | |
| Session IV. Perspectives on the Community Reinvestment Act | |
2:50–3:30 pm | | The Role of the CRA in the Subprime Crisis Glenn Canner, Board of Governors |
3:30–4:10 pm | | Viability of CRA and Potential Alternatives Peter Wallison, American Enterprise Institute |
| Session V. Open Discussion | |
4:10–5:00 pm | | All speakers Mark Sniderman, moderator |
The Cleveland National Capacity Building Symposium
ReplyDelete“Enforcement and Regulation”
“We will propose a National Building Program that can be implemented over the next 18 months, if we act wisely, in unity, within a regulatory environment that follows the letter, as well as the spirit, of the law where we [through the digital universe as Americans] will oversee the peoples government [at all levels] investment in its people [over 305 million and counting next year Mr. Gregg, with next year being the US Census year], fairly [any lawyers out there?].”
Hershel Daniels, Junior
Cincinnati Change Vice-Chairman
http://nationalfairnesscampaign.blogspot.com/
This symposium is to be held at the
Louis Stokes Telecommunications Center at the Cuyahoga Community College main campus on
Friday 13th 2009, Cincinnati, Ohio 9:00 AM - 4:00PM.
The Host Agencies are PolicyBridge, The Black Trades Council of Ohio and NEO Alliance for Change.
Donations can be sent c/o Cincinnati Change, Inc. Fifth Third Bank at Account # 7024418605 Routing # 042000314 and mail to 512 Carmalt Street Cincinnati, Ohio 45219, also you can drop off donations to Cincinnati Change at any Fifth Third Bank. For more information call 614.622.4808 or email at natichange@gmail.com.
There are many speakers on the conference calls leading up to the symposium. Send you email request for access to calls and or blogs, BBS's and webzines to natichange@gmail.com.
We welcome your current Vita and or policy paper to added to the national largest repository of community reinvestment agreements in digital form.
How did it go? Give us a view from inside the fed.
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