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MCBC COMMITTEES


MCBC operates through its committees, each co-chaired by a bank and a community representative. Today, over 150 bankers, community representatives, public officials and others participate in and/or receive regular information on MCBC committee activities. Committee meetings are open to all those who wish to attend. For information on specific committee meetings, contact MCBC at 617 244-0271.

 

Banking Services Committee

Co-Chairs:
Liliana Sanchez, Senior Vice President, Wainwright Bank
Doreen Treacy, Director, CivicHealth Institute, DotWell
Meeting Dates:
February 6, 2008
April 2, 200
8May 21, 2008
  October 8, 2008
December 3, 2008
 
    
Time/Location: 9 a.m., Wainwright Bank, 63 Franklin Street, Boston

2006-2007 Agenda Issues:

  • Basic Banking for Massachusetts Guidelines
  • Financial Education Programs
  • MASSCAP EITC Financial Literacy Initiative
  • Boston EITC Campaign
  • Boston New Alliance Task Force
  • MCBC Financial Education Outreach Project
  • Operation HOPE
  • 12/3/07 Forum: Working Together to Build Wealth in Lower-Income Communities



Economic Development Committee

Co-Chairs:
Esther Schlorholtz, Senior Vice President, Boston Private Bank & Trust Company
Joyce Stanley, Executive Director, Dudley Square Main Street
Meeting Dates:

February 14, 2008   
April 10, 2008          
May 29, 2008           

   September 25, 2008
October 30, 2008
December 11, 2008
Time/Location: 9 a.m., Boston Private Bank & Trust Company, Ten Post Office Square, Boston


2006-2007 Agenda Items:

  • Small Business Assistance Programs: Enterprise Center, North Shore Regional Small Business Development Center, Lowell Small Business Assistance Center, Elizabeth Stone House Women’s Business Opportunity Program, InnerCity Entrepreneurs, BRA Back Streets Program and other BRA economic initiatives
  • Getting Credit for Business III Small Business Forum
  • Patterns of Small Business Lending in Greater Boston: Findings and Next Steps
  • Small Business Assistance Advisory Council recommendations
  • Massachusetts Banking Partners Small Business Loan Program
  • Massachusetts Small Business TA Collaborative Common Practices Guide
  • FDIC Pilot Project for Small-Dollar Lending Programs
  • Massachusetts Division of Banks Community Development
  • Proposed survey of sole proprietors and very small business owners


Mortgage Lending Committee

Co-Chairs:
Thomas Callahan, Executive Director, Massachusetts
Affordable Housing Alliance
Maryruth Ryan, Market Manager, Bank of America
Meeting Dates:
January 15, 2008
March 4, 2008
April 22, 2008
June 10, 2008		     September 16, 2008
October 28, 2008
December 9, 2008
 
 
   
Time/Location: 2 p.m., Bank of America, 1 Federal Street, Boston

2006-2007 Agenda Issues:

  • SoftSecond™ Mortgage Program Delinquency Report (quarterly review)
  • Changing Patterns XIII (mortgage lending patterns): Findings and Next Steps
  • Borrowing Trouble? VI (higher-cost mortgage loans): Findings and Next Steps
  • Massachusetts Fair Lending Task Force Report and Recommendations
  • City of Boston Foreclosure Prevention Program
  • Division of Banks Mortgage Summit Recommendations
  • MMBA Public Service Campaign
  • State foreclosure prevention initiatives (Division of Banks, Attorney General, MassHousing)
  • Expanding Homeownership Opportunity: The SoftSecond Loan Program, 1991-2003
  • Legislative proposals regarding Division of Banks oversight of mortgage lenders, licensing of mortgage originators, development of Division of Banks data base, etc.

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