Promises & Pitfalls:
As Consumer Finance Options Multiply, Who Is Being Served and at What Cost?

A Federal Reserve System Community Affairs Research Conference
Washington, D.C.
April 7-8, 2005

This Web site contains the papers from a conference organized by the Community Affairs Officers of the Federal Reserve System. Papers included in the Web site are to be considered working papers. They are reproduced here to make them available to scholars and practitioners with a serious interest in the topics presented. Many of the papers are in preliminary form and will be submitted for publication elsewhere. The works here should be cited as working papers and considered preliminary drafts of any subsequent publication. Although all papers have been screened for relevance to the subject matter of the conference, they have not been subjected to a rigorous refereeing process nor edited for form or content by the Federal Reserve.

Session 1
Session 2
Session 3
Session 4

Session Four: Call to Action

Credit, Capital and Communities: New Roles Present Community-Based Organizations with New Opportunities (PDF,92KB)
William Apgar and Gary Fauth of the Joint Center for Housing Studies, Harvard University
Allegra Calder, Washington Mutual
Presentation (PDF,105KB)