Files

DocumentsDate added

Testimony of Marva Williams to the Federal Reserve Bank of Chicago on the Bank One/Chase Merger

April 23, 2004

Marva Williams, Woodstock Institute Senior Vice President, states that Woodstock Institute neither supports nor opposes the proposed acqusition of Bank One by New York based JP Morgan Chase.  She also states that federal banking regulators should take a bank's performance under a community reinvestment agreement into consideration during their ongoing CRA public examinations.

Testimony to the Chicago City Council Hearing on Subprime and Predatory Mortgage

March 30, 2004

Malcolm Bush, Woodstock Institute President, testifies before the Chicago City Council on the impact of subprime and predatory lending.

Testimony to the Chicago City Council on The Merger of Bank One and JP Morgan Chase

March 29, 2004

Marva Williams, Woodstock Institute Senior Vice President, testifies before the Chicago City Council Committee on Finance on the impact of the proposed merger of Bank One and JP Morgan Chase.  Her testimony includes a summary of Bank One's previous CRA agreement and the new Memorandum of Understanding of Community Reinvestment Goals.

Subprime Lending - Defining the Market and its Customers: Testimony to the U.S. House of Reps.

March 24, 2004

Geoff Smith, Woodstock Institute project director, discusses Woodstock Institute's research documenting the relationship between concentrated subprime lending and neighborhood foreclosures.

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.