FDIC Host Taking a Fresh Look at the Equal Credit Opportunity Act to Create Special Purpose Credit Programs 2023 | Federal Deposit Insurance Corporation (FDIC) | 26 September 2023 | Webinar
Venue
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| Event Date |
Wed Sep 27 UTC (about 1 year ago)
In your timezone (EST): Tue Sep 26 8:00pm - Tue Sep 26 8:00pm |
| Location | Webinar |
| Region | All |
Details
We will host a webinar series “Taking a Fresh Look at the Equal Credit Opportunity Act to Create Special Purpose Credit Programs”. The series will help to increase participants’ knowledge of the Equal Credit Opportunity Act, which permits banks to target lending to underserved populations and communities of color through Special Purpose Credit Programs (SPCPs). Presenters will discuss existing guidance for SPCPs, including how to create a SPCP, documentation requirements, the need for supporting evidence, and how special purpose credit programs can be combined with other efforts to expand lending to historically underserved groups. Attendees will hear from financial institutions offering these products, as well as the Federal Home Loan Bank of Boston's efforts to increase homeownership in underserved communities with its recently launched Lift Up Homeownership Program.
Speakers
2023 Speakers
Mikal T. Quarles
Head of Diverse Business Strategies for Business Banking, JP Morgan Chase and Company
Kenneth Willis
Senior Vice President, Federal Home Loan Bank of Boston
Gary L. Clayton
Senior Examination Specialist for the Division of Depositor and Consumer Protection, Examination Branch, FDIC
Anna Y. Cheong
Community Affairs Specialist, FDIC
Henry D. Pyatt
Community Affairs Specialist, FDIC
Alexis Luna
Community Affairs Specialist, FDIC