These hearings, which I am chairing, are intended to gather information about, among other things, how consumers select their lenders and loans. The Board’s 2007 biennial community development research conference will also provide a forum for research that may help explain differences in the incidence of higher-priced lending.
1  Robert B. Avery, Glenn B. Canner, and Robert E. Cook (2005), "New Information Reported under HMDA and Its Application in Fair Lending Enforcement," Federal Reserve Bulletin, vol. 91 (Summer 2005), pp. 344-394. 4  BIS Review 55/2006  The Federal Reserve’s promotion of community development and financial literacy I have discussed the Federal Reserve’s roles in regulation, supervision, and research.