Files

DocumentsDate added

Testimony to the Illinois OBRE regarding changes to the Residential Mortgage Licensee Act

March 05, 2003

Testimony of Geoff Smith, Woodstock Institute research associate, to the Illinois Office of Banks and Real Estate on several proposed changes.  Woodstock opposes changes to the regulation of high risk loans because the changes do not add any substantive protections.  Woodstock supports the proposed licensing changes and the increase in the net worth requirements for mortgage lenders and brokers.

Tresury Should Reject State Farm Application to Form De Novo Bank: Testimony to U.S. Treasury

June 03, 1998

Woodstock President Malcolm Bush argues that the State Farm application will establish a critical precedent for the terms under which insurance companies enter the banking business and in this case seriously violates the letter and intent of the CRAand its regulations.