RICHARD D. MARSICO

Richard D. Marsico is a Professor of Law and Co-Director of the Justice Action Center at New York Law School.

Professor Marsico’s specialty is community reinvestment and fair lending, having published several articles, served as a special consultant to the New York State Division of Human Rights, participated in conferences and training sessions. He has represented several community groups relating to these issues, resulting in millions of dollars in lending pledges and other commitments.

Professor Marsico is a 1982 summa cum laude graduate of Fordham College and a 1985 magna cum laude graduate of Harvard Law School. After law school, he was a law clerk to Hon. Shirley Wohl Kram in federal district court in Manhattan. Thereafter, he was a staff attorney in the Civil Division of the Legal Aid Society in the Bronx, before joining the faculty of New York Law School in 1990.

RICHARD D. MARSICO - RESUME

EDUCATION

HARVARD LAW SCHOOL
J.D., magna cum laude, 1985

FORDHAM UNIVERSITY
B.A., Philosophy and History, summa cum laude, 1982

EMPLOYMENT

NEW YORK LAW SCHOOL
Professor of Law, 1994 - present
Associate Professor of Law, 1992 - 1994
Clinical Associate Professor of Law, 1990 - 1992

NEW YORK LAW SCHOOL
Co-director, The Justice Action Center, 2002 - present

THE LEGAL AID SOCIETY, CIVIL DIVISION
Staff Attorney, 1987 to 1990

HON. SHIRLEY WOHL KRAM, UNITED STATES DISTRICT COURT, SOUTHERN DISTRICT OF NEW YORK
Law Clerk, 1985 to 1987

PUBLICATIONS

DEMOCRATIZING CAPITAL: THE HISTORY, LAW, AND REFORM OF THE COMMUNITY REINVESTMENT ACT (Carolina Academic Press)(forthcoming 2005).

Subprime Lending, Predatory Lending, and the Community Reinvestment Act Obligations of Banks, 46 N.Y. L. Sch. L. Rev. 735 (2003).

Patterns of Lending to Low-Income and Minority Persons and Neighborhoods: The 1999 New York Metropolitan Area Mortgage Lending Scorecard, 17 N.Y. L. Sch. J. Hum. Rts. 199 (2001).

Enforcing the Community Reinvestment Act: An Advocate’s Guide to Making the CRA Work for Communities, 17 N.Y. L. Sch. J. Hum. Rts. 129 (2001).

New York Metropolitan Area Lending Scorecard: 1998, 16 N.Y.L.Sch. J. Hum. Rts.769 (2000).

Shedding Some Light on Lending: The Effect of Expanded Disclosure Laws on Home Mortgage Marketing, Lending, and Discrimination in the New York Metropolitan Area, 27 Ford. Urb. L.J. 481 (1999).

FAIR HOUSING -- KNOW YOUR RIGHTS (New York State Division of Human Rights)(1998).

COMMUNITY REINVESTMENT AND FAIR LENDING (New York State Division of Human Rights)(rev. ed. 1996)(1995).

The New Community Reinvestment Act Regulations: An Attempt at Implementing Performance-Based Standards, 29 Clearinghouse Rev. 1021 (1996) and 49 Consumer Fin.l. Q. Rev. 47 (1995)(slightly different versions of same article).

Fighting Poverty Through Community Empowerment and Economic Development: The Role of the Community Reinvestment and Home Mortgage Disclosure Acts, 12 N.Y.L. Sch. J. Hum. Rts. 281 (1995).

Working for Social Change and Preserving Client Autonomy: Is There a Role for Facilitative Lawyering?, 1 Clin. L. Rev. 639 (1995).

A Guide to Enforcing the Community Reinvestment Act, 20 Ford. Urb. L. J. 165 (1993).

CONFERENCE PRESENTATIONS

Participant as panelist at conferences relating to community reinvestment and fair lending, conference sponsors include the Women’s Venture Fund, Association of American Law Schools, University of Illinois School of Law, New York Law School, Association of the Bar of the City of New York, Long Island Housing Services, Florida Legal Services, Neighborhood Preservation Coalition, Fair Housing Continuum, Westchester Residential Opportunities, and National Community Reinvestment Coalition.

AWARDS

21st CENTURY PARTNERSHIP
Professional Service Award, 1996

ORDER OF BARRISTERS, 1994

THE LEGAL AID SOCIETY
Pro Bono Award, 1990

OTHER PROFESSIONAL ACTIVITIES

NEW YORK COMMUNITY REINVESTMENT TASK FORCE
Member, Regulatory Working Group, 1996 - 1997. Responsible for initial drafting of comments about proposed regulations relating to community reinvestment and fair lending.

NEW YORK STATE DIVISION OF HUMAN RIGHTS
Consultant, Community Reinvestment and Fair Lending Education and Training Project, 1994 - 1995, 1996 - 1998. Prepared a CRA and Fair Lending Training Manual and conducted several training seminars in New York State.

COMMUNITY REINVESTMENT CLEARINGHOUSE, NEW YORK LAW SCHOOL
Founder and Program Director, 1994 - 1996.

ASSOCIATION OF THE BAR OF THE CITY OF NEW YORK
Member, Civil Rights Committee, 1994 - 1997. Responsibilities included updating Committee on community reinvestment and fair lending issues and drafting comments on proposed regulation and statutes.

INDEPENDENT JUDICIAL SCREEING PANEL
Member, New York County Supreme Court, 1991.

NATIONAL COMMUNITY REINVESTMENT COALITION
Member and participant in legislative and regulatory working group.

NEW YORKERS FOR RESPONSIBLE LENDING
Member, 2004 - present.

COMMUNITY SERVICE

WASHINGTONVILLE HOUSING ALLIANCE
Member of the board of directors and the executive committee since 1999. Currently serve as secretary. Responsibilities include general oversight of the organization, including budget and finances. Chaired the Membership Committee and the WHAWorks Committee.

LARCHMONT/MAMARONECK LITTLE LEAGUE
Member of the board of directors since 2000. Served as commissioner of various age divisions.

LARCHMONT/MAMARONECK BABE RUTH LEAGUE
Member of the board of directors since 2004. President since September 2004. Responsibilities include managing the League, which consists of 22 teams and operates in the spring, fall, and summer, and includes baseball and softball for children ages 13-17 at the recreation and travel levels.

YOUTH SPORTS
Coached numerous youth baseball, basketball, and soccer teams during winter, spring, summer, and fall seasons at the recreation and travel levels.

VILLAGE OF MAMARONECK DEMOCRATS
Member since approximately 2002, including brief stints as acting chair and co-chair.

TOWN OF MAMARONECK DEMOCRATS
District leader for the Town of Mamaroneck Democrats since approximately 2002.