Dorothy A. Savarese, President and CEO, is key panelist in FDIC Forum on Mortgage Lending to Low and Moderate Income Households.
July, 2008
Strategies for promoting responsible and sustainable mortgage lending to low and moderate income (LMI) families was the focus today at a FDIC sponsored Forum held at their auditorium in Arlington, Virginia. The keynote address was given by the Honorable Ben S. Bernanke, Chairman, Board of Governors of the Federal Reserve System. Also participating were the Honorable Henry M. Paulson, Jr., Secretary of the Treasury, and James Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Company. Three four-person panels offered presentations and answered questions related to their respective areas of expertise. The panels that dealt with reasonable, profitable and innovative approaches to LMI mortgage lending included Dorothy A. Savarese, President and CEO of The Cape Cod Five Cents Savings Bank. Other members of this panel included the President and CEO of Popular, Inc., also known as Banco Popular or BPPR; the President and CEO of Bank of the West, a subsidiary of BancWest Corporation; and the Executive Director of the Joint Center for Housing Studies, Harvard University.
Equal Housing Lender.
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