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Access to Credit Forum

April 3, 2018 @ 8:00 am - 3:30 pm EDT



Agenda | PowerPoint Slides | Proposed Solutions | Polling Results | #FHAct50 | Supporters


NFHA is hosting a national forum bringing together key stakeholders in lending, insurance, civil rights, housing, government, and community development to address barriers to credit access.  Participants will delve into policies, practices, and infrastructure issues that unnecessarily restrict consumers from obtaining sustainable and affordable financial services and products and will identify solutions that may be implemented in the short- and long-term. The Forum is designed to build consensus around solutions, develop an action plan, and obtain commitments from stakeholders to engage in activities to help expand credit access to underserved consumers.



An FHAct50 Event

Marriott Marquis, Washington, DC

April 3, 2018

8:00am – 8:30am

Breakfast and Registration


8:30am – 8:45am

Welcome and Introduction – Lisa Rice, President and CEO, National Fair Housing Alliance

  • Overview of the day and purpose of Forum
  • Credit Access Poll
  • Access to Credit Presentation

8:45am – 9:45am

Market and Economic 360

The financial services space has experienced non-stop change, particularly since the 2008 financial and foreclosure crises.  Bank consolidations, Tax Reform, business realignments, GSE Reform, CRA Modernization, political will, regulatory transformations, and other issues will significantly impact any effort to expand credit access and affect the opportunity to implement necessary reforms.  Experts discuss the changing tides and what they portend for achieving real change that can help credit-worthy consumers participate in the markets.


Gary Acosta, CoFounder and CEO, National Association of Hispanic Real Estate Professionals – Moderator

Ken Scott, Managing Director, Fair Lending, Citi

Ramon Gomez, Executive Director, Regulatory Compliance JPMorgan Chase

Adolfo Marzol, Senior Advisor to the Secretary, Department of Housing and Urban Development

Susan Wachter, Albert Sussman Professor of Real Estate, The Wharton School


9:45am – 11:00am

The Evidence for Expanding Access to Credit

Numerous organizations, including the Urban Institute, Mortgage Bankers Association, the Federal Reserve, the Center for Responsible Lending and NFHA, have documented that lending levels to people of color, persons with disabilities, and other under-served groups are wholly insufficient and that much more could be done to expand access to quality credit for these consumers.  Presenters will put the data and facts in context around the issues these populations continue to face in accessing credit, and discuss potential policy levers or solutions that can help move the dial and create lending opportunities and economic mobility.


Faith Schwartz, Principal, Housing Finance System Strategies, LLC – Moderator

Alanna McCargo, Vice President of Housing Policy Center, Urban Institute

Mark Zandi, Chief Economist, Moody’s

Larry Parks, Senior Vice President, Federal Home Loan Bank Board

Sam Khater, Deputy Chief Economist, CoreLogic

Cheryl Young, Senior Economist, Trulia


11:00 – 11:15am – Break


11:15am – 12:15pm

Modernizing FHA to Improve Consumer Access

How do we ensure FHA continues to serve its role to provide access for new entrants into the housing market and under-served borrowers while maintaining the viability of the program?  FHA serves as a principal source of credit for Communities of Color, has been a conduit to homeownership for millions of Americans, and proved to be the backbone of the US housing finance system during the recent financial crisis. Yet, many agree that FHA has inefficiencies connected to its legal structure, limited improvements and other considerations that restrict optimized performance in the program.  Given the importance of FHA to the US economy, what are some necessary changes, achievable in the short-term, that can expand access to credit for more consumers while simultaneously providing strength to the system?


Sarah Rosen Wartell, President and CEO, Urban Institute – Moderator

Dave Stevens, President and CEO, Mortgage Bankers Association

Laurie Goodman, Vice President Housing Finance Policy Center, Urban Institute

Mike Calhoun, President and CEO, Center for Responsible Lending

Kevin Chavers, Managing Director, BlackRock


12:15 – 1:30 – Lunch and Fireside Chat


12:45pm – 1:30pm – Mark Calabria, Chief Economist, Office of the Vice President, and Pamela Patenaude, Deputy Secretary, Department of Housing and Urban Development, with Lisa Rice, President and CEO, National Fair Housing Alliance


1:30pm – 1:45pm – Break


1:45pm – 2:45pm

Workable Solutions to Expand Credit Access

In this lightning round, presenters will discuss recommendations and options for increasing market participation.  There are viable solutions to expanding credit access that can be implemented in relatively short order. Each speaker will have 5 minutes to explain one suggestion or recommendation for expanding access to credit.  This segment will include a discussion about key stakeholders that would be able to take the lead in advancing each proposed solution to the next level.


Natalie Abatemarco, Managing Director, Head of Community Development – Moderator

Sam Oliver, Vice President Strategic Delivery, Freddie Mac

Richard Cooperstein, Director of Model Risk Management, Andrew Davidson & Co.

Aracely Panameno, Director, Latino Affairs, Center for Responsible Lending

Michael Derstine, Chief Risk Officer, Genworth

Lot Diaz, Vice President, Housing and Community Development, UnidosUS


2:45pm – 3:15pm

Setting Priorities


Naomi Camper, Managing Director, Head of Nonprofit Engagement, Chase – Moderator

Each recommendation for expanding access to quality credit proffered throughout the day will be captured and recorded.  Participants at the Forum will vote on their top priorities using live, interactive polling. The results will be presented to the group and top priorities will be tasked to key stakeholders who will take the lead on advancing the proposal to the next level.

(As a final action, we will poll the audience about their interest in convening a follow-up session to track achievement and implementation of the recommendations generated in the Forum.)


3:15pm – 3:30pm

Next Steps and Closing Remarks


Lisa Rice, President & CEO, NFHA


April 3, 2018
8:00 am - 3:30 pm EDT


Marriot Marquis Hotel
901 Massachusetts Ave NW
Washington, DC 20001