Four state-based community reinvestment groups – California Reinvestment Coalition, NEDAP, Reinvestment Partners, and Woodstock Institute – held a press briefing today on why they and other bank accountability advocates are pressing Comptroller Curry to issue Wells Fargo a failing...
IABG Retirement Savings Presentation 121116 Cowan.pdf Presentation for the 2012 Illinois Asset Building Group Conference. Spencer Cowan presented on sources of retirement income and recent trends, access to employment-based retirement savings plans in Illinois, and policy recommendations.
IABG Negative Equity Presentation 121116 Cowan.pdf Presentation for the 2012 Illinois Asset Building Group Conference. Spencer Cowan presented on foreclosures in the Chicago region, the impacts of negative equity, inherent risks of mortgage finance, and disparate impact on communities...
In the coming weeks, Sen. Bob Corker (R-TN) is expected to introduce an amendment to a bill that was originally intended to expand access to safe refinance lending for millions of families. This amendment would provide a “safe harbor”...
(1) end Too Big To Fail financial institutions; (2) constrain leverage risk by implementing simple capital requirements; (3) get the private sector back into mortgage securitization but require them to retain a portion of mortgage risk (skin in...