Ellen Seidman

Non-Resident Fellow, Urban Institute. Work in housing finance, community development and consumer finance

[Ellen Seidman @esseidman]

@finhealthnet Thank you to everyone who, over the past 20 years has made financial health for all both an aspiration and a possibility. Let's keep going.

[Financial Health Network @finhealthnet]

It’s been 20 years since our founding – where a national movement to improve financial lives began. Tune in to the season premiere of our #EMERGEEverywhere #podcast as we reflect on our journey and explore what’s next with 3 longtime #finhealth champions. https://t.co/k2MriNeBnM

[Financial Health Network @finhealthnet]

This year’s #FinHealthPulse U.S. Trends Report – our key annual report – offers an inside look at Americans’ financial lives during unprecedented times. Learn which historically marginalized groups experienced #finhealth gains and see who’s still at risk.
https://t.co/OalyIyMSmS

[Ellen Seidman @esseidman]

COVID relief worked; can we build on that to improve the lives of all Americans?

[Ellen Seidman @esseidman]

Join me, community leaders and the @ChicagoFed for a virtual convening of #communitydevelopment experts on Feb 4 at 2 pm CT to discuss the #CommunityReinvestmentAct’s impact and how it can be strengthened further. Find more information & register: https://t.co/CM8SEmCty1

[Ellen Seidman @esseidman]

@BrettTheodos Bravo! They're very fortunate to have you. I knew you would find something to fill your time now that your PhD is finished!

[UnidosUS @WeAreUnidosUS]

If you’re struggling to pay your mortgage due to #COVID19, there may be immediate help available. Talk to a HUD-approved housing counselor for free advice on what to do next. #COVIDhelpforhome Call: 800-569-4287
Online: https://t.co/k8aMPwDM9N

[Ellen Seidman @esseidman]

Temporary relief and changes in spending habits may have helped the average American
improve their #finhealth this year, but several groups saw no improvement at all. Data show we
need to do better for all, not just for some. #FinHealthPulse https://t.co/lUTBwy9xq9

[Ellen Seidman @esseidman]

New #FinHealthPulse data reveals serious inequities, amplified by the pandemic. As of Aug 2020, only 15% of Black people and 24% of Latinx people were
Financially Healthy, compared with 39% of White people and 39% of Asian Americans.
https://t.co/lUTBwy9xq9

[Ellen Seidman @esseidman]

Great to see evidence-based rulemaking in the Federal Reserve’s new CRA proposal. @urbaninstitute https://t.co/lPzF07OVUX

[Ellen Seidman @esseidman]

Federal Reserve’s new CRA proposal, adopted unanimously, focuses on needs of low and moderate income communities, racial equity and financial inclusion. @UrbanInstitute Exploring Proposals to Update and Strengthen Community Reinvestment Act ... https://t.co/lPzF07OVUX

[Ellen Seidman @esseidman]

We all have a part to play in improving #financialhealth. In our new #EMERGEEverywhere @finhealthnet podcast, @JenTescher talks w/ @DanSchulman of @Paypal about his experiences w/ financial inequality, empathy, & accountability. Listen, subscribe & share @ https://t.co/aBrAGy2mWx

[Ellen Seidman @esseidman]

We're seeing a slow but steady assault on public data about the mortgage market and credit in low and moderate income communities. Facts matter, and we need them for good public policy. @MortgageLaurie @urbaninstitute https://t.co/ZQtYR4BgDq

[Ellen Seidman @esseidman]

The Community Reinvestment Act is a critically important part of the ecosystem supporting the financial health of low- and moderate-income people and communities. Come participate in our discussion of what the proposal form the OCC and FDIC would do. https://t.co/VNzgtRXqS4

[Ellen Seidman @esseidman]

In fact, COVID-19 shows the importance of keeping CRA strong, healthy and focused on the most vulnerable communities.+

[Ellen Seidman @esseidman]

Is this the end of the Community Reinvestment Act? The risks to communities and why it matters. @BrettTheodos @MortgageLaurie #CommunityReinvestmentAct https://t.co/USjA9sQSjr

[Ellen Seidman @esseidman]

Fed Governor on how to do rulemaking right in a critical area: community reinvestment

[Ellen Seidman @esseidman]

Proposed change would particularly affect information about rural and LMI areas, and multifamily loans.

[Laurie Goodman @MortgageLaurie]

@esseidman, Jun Zhu and I submitted comments today to @CFPB on why they should not cut back on information the public has about the mortgage market by increasing the reporting threshold for mortgages from 25 to 50 or, even worse, 100 loans. https://t.co/uqYtSEX2TO

[Ellen Seidman @esseidman]

CFPB is proposing to further reduce the amount of information regulators and the public have about the critically important mortgage market. See our comment about why that's a very bad idea. https://t.co/lpBNTxjUg6 @urbaninstitute @MortgageLaurie