Ellen Seidman: All Publications, Events and Press

Acorn and the Housing Bubble | Wall Street Journal

Cecille Isidro — Fri, 13 Nov 2009 03:10:00 -0500

As Ellen Seidman, director of the federal Office of Thrift Supervision, said in a speech before the Greenlining Institute on Oct. 2, 2001, "Our record home ...

New, Safe and Affordable Credit Options for America's Underbanked

Kirsten Gilbert — Fri, 23 Oct 2009 10:30:00 -0400

A New America Event
10/23/2009 - 8:00am

On behalf of the Pew Charitable Trusts, New America Foundation, and the Center for Financial Services Innovation, it is our pleasure to invite you to attend a jointly sponsored symposium on new avenues to credit for consumers and small businesses. This event, set for October 23, 2009 at the Capitol, will focus on expanding access to small dollar loans for the underserved and on innovative models for building credit and financing domestic micro-enterprise. Leaders in Congress, the administration, and industry… more

Urgency for New Rules for Finance Is Slipping Away | MSN Money

Cecille Isidro — Tue, 15 Sep 2009 20:04:00 -0400

"The administration made a calculated decision," says Ellen Seidman, former Director of the Office of Thrift Supervision and senior fellow at The New ...

Urgency for New Rules for Finance Is Slipping Away | The Associated Press

Cecille Isidro — Tue, 15 Sep 2009 15:51:00 -0400

"The administration made a calculated decision," says Ellen Seidman, former Director of the Office of Thrift Supervision and senior fellow at The New America Foundation ... and more »

National Consumer Protection Agency Would Upend Fragmented Structure | Los Angeles Times

Cecille Isidro — Sun, 09 Aug 2009 19:20:00 -0400

Seidman, now a senior fellow at the New America Foundation, said she created an award for the best bank examiner on consumer affairs and compliance issues ... and more »

Local Savings and Loans Had OTS as Regulator | Contra Costa Times

Cecille Isidro — Tue, 07 Jul 2009 19:58:00 -0400

Ellen Seidman, who served as the head of OTS from 1997-2001, says it's time to consider if OTS should be eliminated, although she declined to comment on the ...

Testimony of Ellen Seidman

Asset Building — Wed, 24 Jun 2009 05:46:00 -0400

Chairman Frank, Ranking Member Bachus and members of the Committee: I appreciate your inviting me here this morning to discuss consumer protection and oversight in the financial services industry in the context of the current economic crisis, and to provide my thoughts on how the regulatory system should be restructured to enhance consumer protection in the future. My name is Ellen Seidman, and I am a Senior Fellow at the New America Foundation. I also serve as Executive Vice President, National Program and Partnership Development, at ShoreBank

Banking "Broken," Consumers Need Help: Watchdog | Boston Globe

Cecille Isidro — Wed, 24 Jun 2009 03:14:00 -0400

Ellen Seidman, a former bank regulator who is now a senior fellow at the New America Foundation, a think tank, expressed support for the new agency in her prepared remarks for the committee. But she said bank regulators should retain consumer ...

Banks Oppose Financial Agency's Costs; Consumers Seek Clarity | Bloomberg

Cecille Isidro — Tue, 23 Jun 2009 23:22:00 -0400

Federal and state bank regulatory agencies should retain their consumer-protection authority, said Ellen Seidman, senior fellow at the New American Foundation and former head of the Office of Thrift Supervision. “I believe that bank regulators, ...

Banking, Consumer Groups To Spar Over Consumer Agency | Wall Street Journal

Cecille Isidro — Tue, 23 Jun 2009 17:11:00 -0400

Ellen Seidman, who was Office of Thrift Supervision director from 1997 through 2001, supports the new consumer agency but argued the banking regulators should retain the primary responsibility for protecting consumers. She argues Congress should ...

Obama Introduces Sweeping Financial Overhaul | NPR

Cecille Isidro — Thu, 18 Jun 2009 13:29:00 -0400

President Obama unveiled a plan to overhaul regulation of the nation's financial institutions Wednesday. He blamed the current economic crisis on a culture of irresponsibility by Wall Street, Main Street and Washington. Obama also said the government had to do more to protect consumers. The effort requires congressional action and would represent the most substantial revamping of the regulatory structure since the Great Depression.

Born in a Previous Crisis, OTS Faces Extinction | Washington Post

Cecille Isidro — Wed, 17 Jun 2009 19:43:00 -0400

"I think the time has probably come," said Ellen Seidman, a Democrat who headed the agency from 1997 to 2001. "I don't think they did such a great job over the last several years." As word came yesterday that President Obama had put the agency on the ...

Consumers Gain Clout in Washington | CNNMoney

Cecille Isidro — Fri, 29 May 2009 15:16:00 -0400

One group, the New America Foundation, a left-leaning think tank sensitive to consumer causes, has had at least a dozen conversations with top White House officials in person and over the phone, according to policy director Ellen Seidman. ...

Tinkerbell Effect, Part 2: Obama's Efforts to Revive Credit Markets | CQPolitics.com

Cecille Isidro — Mon, 25 May 2009 23:45:00 -0400

Ellen Seidman, special assistant on economic policy for former President Bill Clinton, said that while Obama's efforts are innovative and likely to help, the administration might still need to cope with political fallout from small business failures. ...

Tinkerbell Effect, Part 1: Obama's Efforts to Shore Up Banks | CQPolitics.com

Cecille Isidro — Mon, 25 May 2009 07:50:00 -0400

Ellen Seidman, a special assistant for economic policy in the Clinton White House who also held senior positions at the Treasury Department and Fannie Mae, questions whether Obama will get the economic bounce he needs to declare victory, ...

AIG 'Bonusgate': Lessons learned | CNNMoney

Cecille Isidro — Thu, 14 May 2009 16:03:00 -0400

New legislation: "All of this is fodder for doing broad compensation reform," said Ellen Seidman, financial services policy director at policy group New America Foundation. "The more this kind of information comes out, the easier it will be to sell the ...

What Can the Danish Mortgage System Teach the United States?

Stephanie Gunter — Tue, 28 Apr 2009 05:30:00 -0400

A New America Event
04/24/2009 - 9:30am

Community Lenders Get Stimulus Boost | USA Today

Cecille Isidro — Wed, 15 Apr 2009 20:15:00 -0400

Ellen Seidman, a senior fellow at the New America Foundation, says local lenders have been having a tougher time getting funding under the Community Reinvestment Act as big lenders have merged or pulled back. Though CDFIs must normally raise private ...

Learning from the Past

Cecille Isidro — Wed, 01 Apr 2009 11:07:00 -0400

While there is little to celebrate in the current foreclosure disaster, one potential silver lining in the large number of bank-owned properties is the opportunity to turn those properties into community assets. A May 2008 conference hosted by the Furman Center for Real Estate and Urban Policy at New York University and sponsored by the Ford Foundation brought together policy experts and practitioners to share best practices for “Transforming Foreclosed Properties into Community Assets.” Most of the discussion focused on what can be done by partners working together at

How Judges Might Help Troubled Homeowners

Cecille Isidro — Tue, 31 Mar 2009 10:37:00 -0400

Remember fieldtrips? All 535 members of Congress should take one this week to Room 675 of the County Courthouse in Philadelphia. Doing so would bust some myths surrounding the "cram down" legislation – now stalled in the Senate – that would allow bankruptcy judges to reduce payments on troubled mortgages.