CRL's staff includes attorneys, researchers, and policy analysts in North Carolina, Washington DC, and California who study and report on predatory lending matters and monitor legislative and regulatory activity in state capitols and in the US Congress. CRL is frequently asked to testify on lending issues before Congress, federal regulators, state legislatures or other government entities. Below is a list of links to our written testimonies.
- Foreclosure, Predatory Mortgage and Payday Lending
March 21, 2007
Testimony discusses development of subprime market, inequities and foreclosures having a devastating effect in areas including urban areas with high concentrations of minorities
- Preserving the American Dream: Predatory Lending Practices and Home Foreclosures
February 7, 2007
Eakes discusses predatory lending and foreclosure crisis
- Calculated Risk: Assessing Non-Traditional Mortgage Products
September 20, 2006
Calhoun urges federal regulators to require subprime lenders to evaluate borrower’s ability to repay before making a mortgage loan, and also by strengthening enforcement against unscrupulous lenders
- Home Mortgage Disclosure Act: Newly Collected Data and What It Means
June 13, 2006
Ernst proposes ways to strengthen the Home Mortgage Disclosure Act (HMDA)
- The Price of Ownership: What the Home Mortgage Disclosure Act Reveals About Minorities and Lending
June 27, 2005
Ernst urges reform of Home Mortgage Disclosure Act (HMDA)
- Legislative Solutions to Abusive Mortgage Lending Practices
May 24, 2005
Eakes urges reform of the subprime mortgage market
- Rule-Making to Permit Preemption of State Laws with Respect to the Interstate Activities of State Banks
May 24, 2005
Testimony states that authorizing state banks to disregard banking laws of sister-states is a problem of constitutional magnitude that would deprive state assemblies of an essential regulatory role
- The Federal Home Loan Bank System
April 13, 2005
Eakes lauds FHLBs and makes suggestions for improvement
- Predatory Lending and its Impact on the Military and Local Communities
March 29, 2005
Makes correlation between predatory/payday lending and the impact on the military and local communities
- Promoting Homeownership by Ensuring Liquidity in the Subprime Mortgage Market
June 23, 2004
Prepared Testimony of Michael D. Calhoun, General Counsel, Center for Responsible Lending before Subcommittee on Financial Institutions and Consumer Credit Subcommittee on Housing and Community Opportunity Joint Hearing Entitled "Promoting Homeownership by Ensuring Liquidity in the Subprime Mortgage Market" June 23, 2004.
- Review of the National Bank Preemption Rules
April 7, 2004
Hearing on the Office of the Comptroller of the Currency's Rules on National Bank Preemption and Visitorial Powers
- "Subprime Lending: Defining the Market and Its Customers"
March 30, 2004
Prepared Testimony of Eric Stein, Senior Vice President, Center for Responsible Lending before Subcommittee on Financial Institutions and Consumer Credit and Subcommittee on Housing and Community Opportunity Joint Hearing
- Protecting Homeowners: Preventing Abusive Lending While Preserving Access to Credit
November 5, 2003
Prepared Testimony of George Brown, Senior Vice President, Self-Help and Spokesperson, Coalition for Responsible Lending before the House Financial Services Subcommittee on Financial Institutions and Consumer Credit and the Subcommittee on Housing and Community Opportunity.
- Predatory Mortgage Lending: The Problem, Impact, and Responses
July 26, 2001
Testimony of Martin Eakes,Self-Help CEO and Coalition for Responsible Lending Spokesperson Before the Senate Committee on Banking, Housing and Urban Affairs.
- Public Hearings on Home Equity Lending
July 27, 2000
In 2000, the Federal Reserve Board invited consumers, consumer advocacy organizations, lenders and other interested parties to participate in public hearings on predatory practices in the home-equity lending market.
- Predatory Lending Practices
May 24, 2000