Today's Date: April 19, 2024
AGCO Leader Wins 2024 Women MAKE Award   •   MCR and BLT Complete $632 Million Refinancing of 53-Hotel Portfolio   •   US Consumers’ 2024 Sustainability Score Declines and Lags the Global Average, According to New Report   •   Two 1440 Media Marketing Leaders Honored as Top Women In Media & Ad Tech   •   ATIXA Announces a Central Resource Hub for 2024 Title IX Regulations   •   THE TECH INTERACTIVE IGNITES NATIONAL AI LITERACY DAY WITH INAUGURAL SUMMIT IN SAN JOSE   •   Consolidated Communications Releases 2023 Environmental, Social and Governance Report   •   New Evergreen Impact Housing Fund, GMD Development project brings 145 affordable units to Renton   •   Kontoor Brands Declares Quarterly Dividend   •   Bernhard and Hackensack Meridian Health Forge a Transformative 30-Year Energy Partnership, HMH Hospitals to be Largest Renewable   •   Avangrid Thanks Southern Connecticut Gas Employee for 51 Years of Service   •   Energy Vault Schedules Inaugural Investor & Analyst Day for May 9, 2024; Schedules Release Date for First Quarter 2024 Finan   •   New Jersey Natural Gas to Reduce Fleet Emissions with Neste MY Renewable Diesel   •   Ziegler Advises Retirement Housing Foundation on The Sale Of 15-Community Portfolio   •   PURETALK CUSTOMERS SURPASS $100,000 IN DONATIONS TO AMERICA'S WARRIOR PARTNERSHIP   •   Gotodoctor acquires Industry Veteran Kevin Dougherty to its advisor board   •   Dr. Ron: The Pioneer of Next Level Deep Plane Face and Neck Lift   •   Solar Sector Sees $8.1 Billion in Corporate Funding in Q1 2024, Reports Mercom Capital Group   •   Elevating "She Power":'s "Most Excellent Female Bosses" Party Fosters Female Development   •   Surfrider Foundation Launches Innovative Climate Action Program: Empowering Communities to Restore Coastlines and Combat Climate
Bookmark and Share



Chair Maloney to Examine the Need for Additional Federal Action to Prevent Reverse Redlining

Washington, D.C. – Congresswoman Carolyn B. Maloney, Chair of the Joint Economic Committee (JEC) will convene a hearing to investigate the extent to which minority borrowers and senior citizens have been targeted to receive higher cost loans.  The hearing entitled, “Predatory Lending and Reverse Redlining: Are Low-income, Minority and Senior Borrowers Targets for Higher Cost Loans?” will be held on Thursday, June 25th 2009, at 11:00 a.m. in room 2118 of the Rayburn House Office Building.   The JEC will examine the prevalence of “reverse redlining” and whether further federal action to prevent discriminatory lending is needed.  Additionally, the committee will explore how the newly proposed Consumer Financial Product Safety Agency could protect against manipulative lending in the future.    


WHAT: JEC Hearing: Predatory Lending and Reverse Redlining: Are Low-income, Minority and Senior Borrowers Targets For Higher Cost Loans?


WHO:                   James Carr, Chief Operating OfficerNational Community Reinvestment Coalition

Gregory D. Squires, Professor of Sociology, and Public Policy and Public Administration, and Chair of the Department of Sociology at GW

Sarah Bloom Raskin, Commissioner of Financial Regulation, State of Maryland

Robert Strupp, Director of Research and Policy, Community Law Center, Baltimore, Maryland

WHEN:                 Thursday, June 25, 2009 at 11:00 a.m.

WHERE:               Rayburn House Office Building room 2118


The Joint Economic Committee, established under the Employment Act of 1946, was created by Congress to review economic conditions and to analyze the effectiveness of economic policy.

#          #          #





Back to top
| Back to home page

White House Live Stream
alsharpton Rev. Al Sharpton
9 to 11 am EST
jjackson Rev. Jesse Jackson
10 to noon CST


Sounds Make the News ®
Atlanta - WAOK-Urban
Berkley / San Francisco - KPFA-Progressive
Chicago - WVON-Urban
KJLH - Urban
Los Angeles - KJLH - Urban
WKDM-Mandarin Chinese
New York - WKDM-Mandarin Chinese
New York - WADO-Spanish
WBAI - Progressive
New York - WBAI - Progressive
Washington - WOL-Urban

Listen to United Natiosns News