Public Hearing on Home Equity Lending
Held on Wednesday, August 16, 2000, at the Federal Reserve Bank of Chicago,
Chicago, Ill.

Transcript of the public hearing held on August 16, 2000, on home equity lending. The transcript is available for the morning and afternoon sessions; it is also presented in its entirety.

Morning Session

Speakers

Bruce Baker, Illinois Bankers Association

Michael O. Brown, Sable Bancshares, Inc.

Terry Bivins, Ficus Financial Services, Inc.

David A. Bochnowski, Peoples Bank, SB

Bob Butler, Assurant Group

Alex Columbus, Assurant Group

William A. Darr, Office of Banks and Real Estate, State of Illinois

Tom Detelich, Household Finance Corporation

Dan Immergluck, Woodstock Institute

Tom James, Assistant Attorney General, State of Illinois

Ira Rheingold, Legal Assistance Foundation

Michael Shea, ACORN Housing Corporation

Craig A. Varga, Illinois Financial Services Association

Michelle Weinberg, Horwitz, Horwitz & Associates

Federal Reserve Panelists

Edward M. Gramlich, Board of Governors of the Federal Reserve System, Chairman of the Federal Reserve Board's Committee on Consumer and Community Affairs

Dolores Smith, Director, Federal Reserve Board's Division of Consumer and Community Affairs

Adrienne Hurt, Assistant Director, Federal Reserve Board's Division of Community Affairs

James Michaels, Managing Counsel, Federal Reserve Board's Division of Consumer and Community Affairs

Alicia Williams, Vice-President, Federal Reserve Bank of Chicago

Afternoon Session

Speakers

Gale Cincotta, National Training Information Center

Linda Crane, John Marshall Law School

Beth Llewellyn, Partnership for Homeownership, a Foundation of the Illinois Association of Realtors

Jack Markowski, City of Chicago, Department of Housing

Rochelle Nawrocki, Neighborhood Housing Services

David Voss, First Bank of the Americas

Federal Reserve Panelists

Dolores Smith, Director, Federal Reserve Board's Division of Consumer and Community Affairs

Sandra Braunstein, Assistant Director, Federal Reserve Board's Division of Consumer and Community Affairs

Adrienne Hurt, Assistant Director, Federal Reserve Board's Division of Community Affairs

James Michaels, Managing Counsel, Federal Reserve Board's Division of Consumer and Community Affairs

Alicia Williams, Vice-President, Federal Reserve Bank of Chicago

Complete transcript