Unsustainable lending pushed us into the financial crisis, and sustainable lending and responsible consumer financial services products are needed to restore and maintain economic health. An independent Consumer Financial Protection Bureau (CFPB), as enacted by the Dodd-Frank Act (DFA or Dodd-Frank), is critical to reestablishing these sustainable lending practices.
Testimony before the U.S. House Committee on Financial Services Subcommittee on Financial Institutions and Consumer Credit
The Federal Reserve Board held a public hearing under the Home Ownership and Equity Protection Act (HOEPA) on June 14 2007, to gather information on how it might use its rulemaking authority to curb abusive lending practices in the home mortgage market, including the subprime sector.
Testimony of Michael D. Calhoun before U.S. Senate Committee on Banking, Housing and Urban Affairs - Subcommittee on Housing, Transportation, and Community Development
Testimony of Martin Eakes before the Federal Reserve Board at public hearing on predatory practices in the home-equity lending market.
Testimony of Martin Eakes,Self-Help CEO and Coalition for Responsible Lending Spokesperson Before the Senate Committee on Banking, Housing and Urban Affairs.
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.
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.