Home Ownership and Equity Protection Act (HOEPA)
Public Hearing
June 14, 2007
Board of Governors of the Federal Reserve System
Martin Building, Terrace Level
20th and C Streets, N.W., Washington, D.C.
A public hearing will be held to gather information about how the Board might use its rulemaking authority to curb abusive lending practices in the home mortgage market, including the subprime sector, in a way that preserves incentives for responsible lenders to provide credit to borrowers.
The hearing is free and open to the public. Registration is required. Attendees will be required to show a valid form of photo identification, such as a driver's license, to enter the meeting. The hearings are accessible to persons with disabilities.
Media contact: Ben Hardaway Ben.C.Hardaway@frb.gov 202-452-2955
Transcript 594 KB PDF | HTML
Working Agenda*
| 8:30 a.m. - 8:45 a.m. |
Randall S. Kroszner, Governor, Board of Governors of the Federal Reserve System |
| 8:45 a.m. - 12:00 p.m. (10:15 a.m. - 10:30 a.m. break) |
Morning Panel Janis Bowdler, Senior Housing Policy Analyst, National Council of La Raza William H. Brewster, Director of Anti-Fraud Initiatives, Fannie Mae Alys Cohen, Staff Attorney, National Consumer Law Center Susan A. Davis, Executive Vice President, National Consumer Lending, Wells Fargo Home Mortgage Harry Dinham, President, National Association of Mortgage Brokers Martin Eakes, Chief Executive Officer, Center for Responsible Lending/Self-Help Ira Rheingold, General Counsel, National Association of Consumer Advocates Pablo Sanchez, National Mortgage Production Specialist, JPMorgan Chase Faith Schwartz, Senior Vice President, Enterprise Risk Management and Public Affairs, Option One Mortgage Corporation |
| 12:00 p.m. - 1:00 p.m. | Break for Lunch |
| 1:00 p.m. - 3:00 p.m. |
Afternoon Panel Steve Antonakes, Commissioner of Banks, Massachusetts Michael Decker, Senior Managing Director, Research and Public Policy, Securities Industry and Financial Markets Association Ren Essene, Research Analyst, Harvard University Joseph R. Mason, LeBow College of Business, Drexel University Tom Miller, Attorney General, Iowa Mark Pearce, Deputy Commissioner of Banks, North Carolina Lori Swanson, Attorney General, Minnesota |
| 3:00 p.m. - 4:00 p.m. | Open Microphone |
| 4:00 p.m. | Hearing Adjourns |
*Agenda as of June 8, 2007. Return to text.