SPEAKER INDEX CONTENTS INSERTS APGAR 25 29 61 76 80 88 BAKER 62 BARTLETT 138 170 BENTSEN 67 68 69 70 133 137 BOCHNOWSKI 141 BORRELLI 157 161 166 BRENNAN 109 114 127 128 CAMPBELL 71 72 CELLI 47 52 72 82 84 90 93 CINCOTTA 117 126 CURRY 44 72 EAKES 150 154 168 FENDLY 162 GENSLER 21 60 69 78 79 85 86 87 89 92 94 GRAMLICH 29 55 56 58 65 68 71 HAWKE 36 53 58 64 69 70 81 85 94 JONES 12 LAFALCE 4 10 18 57 58 59 60 61 93 94 114 126 127 128 LEACH 1 7 8 9 10 11 12 13 14 15 18 19 20 25 29 31 35 38 41 44 47 52 53 54 55 56 61 63 66 67 71 73 77 82 87 91 93 94 97 100 105 108 117 120 126 128 132 135 137 141 144 147 150 154 156 161 165 166 167 170 172 LEE 11 MALONEY 82 83 84 86 87 MANSFIELD 96 97 136 MEDINE 41 74 93 MEEKS 87 89 NEY 9 ROHNER 144 ROUKEMA 11 SANDERS 77 79 80 81 SAUNDERS 105 136 SCHAKOWSKY 9 91 93 170 171 SCHUMER 14 15 18 19 SEIDMAN 31 53 59 60 66 92 94 TANOUE 39 61 71 80 81 TAYLOR 101 135 VENTO 7 63 65 66 WALDRON 120 WALLACE 148 WATERS 73 74 76 128 154 165 166 167 WATT 18 19 167 168 170 CONTENTS SPEAKERS INSERTS STATEMENT OF HON. CHARLES E. SCHUMER, A UNITED STATES SENATOR FROM THE STATE OF NEW YORK PAGE 14 STATEMENT OF HON. GARY GENSLER, UNDER SECRETARY FOR DOMESTIC FINANCE, DEPARTMENT OF THE TREASURY PAGE 20 STATEMENT OF HON. WILLIAM APGAR, ASSISTANT SECRETARY FOR HOUSING, FHA COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT PAGE 25 STATEMENT OF HON. EDWARD M. GRAMLICH, MEMBER, BOARD OF GOVERNORS, FEDERAL RESERVE SYSTEM PAGE 29 STATEMENT OF HON. ELLEN SEIDMAN, DIRECTOR, OFFICE OF THRIFT SUPERVISION PAGE 31 STATEMENT OF HON. JOHN D. HAWKE, JR., COMPTROLLER OF THE CURRENCY, OFFICE OF THE COMPTROLLER OF THE CURRENCY PAGE 36 STATEMENT OF HON. DONNA TANOUE, CHAIRMAN, FEDERAL DEPOSIT INSURANCE CORPORATION PAGE 38 STATEMENT OF DAVID MEDINE, ASSOCIATE DIRECTOR, DIVISION OF FINANCIAL PRACTICES, FEDERAL TRADE COMMISSION PAGE 41 STATEMENT OF HON. THOMAS J. CURRY, COMMISSIONER OF BANKS, COMMONWEALTH OF MASSACHUSETTS, ON BEHALF OF THE CONFERENCE OF STATE BANK SUPERVISORS PAGE 44 STATEMENT OF ANDREW G. CELLI, JR., CHIEF OF CIVIL RIGHTS BUREAU, OFFICE OF THE ATTORNEY GENERAL, STATE OF NEW YORK PAGE 47 STATEMENT OF CATHY LESSER MANSFIELD, ASSOCIATE PROFESSOR OF LAW, DRAKE UNIVERSITY PAGE 96 STATEMENT OF JOHN E. TAYLOR, PRESIDENT AND CEO, NATIONAL COMMUNITY REINVESTMENT COALITION PAGE 101 STATEMENT OF MARGOT SAUNDERS, MANAGING ATTORNEY, NATIONAL CONSUMER LAW CENTER, PAGE 105 STATEMENT OF WILLIAM J. BRENNAN, JR., DIRECTOR, HOME DEFENSE PROGRAM, ATLANTA LEGAL AID SOCIETY, INC. PAGE 108 STATEMENT OF GALE CINCOTTA, NATIONAL CHAIRPERSON, NATIONAL PEOPLE'S ACTION COMMITTEE ON BANKING AND FINANCIAL SERVICES PAGE 117 STATEMENT OF GLORIA WALDRON, MEMBER, ACORN, BROOKLYN, NEW YORK PAGE 120 STATEMENT OF HON. STEVEN BARTLETT, PRESIDENT, THE FINANCIAL SERVICES ROUNDTABLE PAGE 138 STATEMENT OF DAVID BOCHNOWSKI, CHAIRMAN, PRESIDENT AND CEO, PEOPLES BANK, MUNSTER, IN; FIRST VICE CHAIRMAN, AMERICA'S COMMUNITY BANKERS PAGE 141 STATEMENT OF RALPH ROHNER, PROFESSOR OF LAW, CATHOLIC UNIVERSITY, ON BEHALF OF THE CONSUMER BANKERS ASSOCIATION PAGE 144 STATEMENT OF GEORGE WALLACE, PARTNER, ECKERT, SEAMANS, CHERIN & MELLOTT, LLC, ON BEHALF OF AMERICAN FINANCIAL SERVICES ASSOCIATION PAGE 147 STATEMENT OF MARTIN EAKES, CEO, CENTER FOR COMMUNITY SELF-HELP, DURHAM, NC PAGE 150 STATEMENT OF LAURA J. BORRELLI, PRESIDENT, BARRISTER MORTGAGE AND INVESTMENT, ON BEHALF OF NATIONAL HOME EQUITY MORTGAGE ASSOCIATION PAGE 156 STATEMENT OF NEILL FENDLY, PRESIDENT, PATHFINDER MORTGAGE CO., PHOENIX, AZ; PRESIDENT-ELECT, NATIONAL ASSOCIATION OF MORTGAGE BROKERS PAGE 162 INSERTS SPEAKERS CONTENTS NO INSERTS IN THIS HEARING