Professor of Law
Director, Justice Action
Center
Director, Economic Justice Project of the Justice Action
Center
Coeditor, Clinical Research Institute
BOOKS
Teacher's Manual for Democratizing Capital. (Carolina Academic Press, 2006).
Democratizing Capital: The History, Law, and Reform of the Community Reinvestment Act. (Carolina Academic Press 2005).
CHAPTERS IN BOOKS
"The Community Reinvestment Act," in Building Healthy Communities: A Guide to Community Economic Development for Advocates, Lawyers, and Policymakers 403-414 (American Bar Association, 2009).
LAW REVIEW AND OTHER SCHOLARLY PUBLICATIONS
"Racial Disparities in Subprime Home Mortgage Lending in New York City: Meaning and Implications," 53 New York Law School Law Review 1011-1023 (2008-2009) (with J. Yoo).
"An Analysis of the Implementation and Impact of the 2004-2005 Amendments to the Community Reinvestment Act Regulations: The Continuing Importance of the CRA Examination Process," 53 New York Law School Law Review 271-292 (2008-2009) (with J. Silver).
"Introduction," 53 New York Law School Law Review 193 (2008-2009).
"The 2004-2005 Amendments to the Community Reinvestment Act: For Communities, One Step Forward and Two Steps Back," 10 NY Business Law Journal 25-34 (2006).
“The 2004-2005 Amendments to the Community Reinvestment Act: For Communities, One Step Forward and Two Steps Back,” 39 Clearinghouse Review Journal of Poverty Law and Policy 534-545 (2006).
"Democratizing Capital: The History, Law, and Reform of the Community Reinvestment Act (New York Law School Faculty Presentation Day II), 49 New York Law School Law Review 717-726 (2004-2005).
"Subprime Lending, Predatory
Lending, and the Community Reinvestment Act Obligations of Banks."
(Special Issue: Reflecting on the Legal Issues of Our Times.
“Enforcing the Community Reinvestment Act: An Advocate’s Guide to Making the CRA Work for Communities (Symposium: Financial Modernization: The Effect of the Repeal of the Glass Steagall Act on Consumers and Communities).” 17 New York Law School Journal of Human Rights 129-198 (2000).
“Foreword (Symposium: Financial Modernization: The Effect of the Repeal of the Glass Steagall Act on Consumers and Communities).” 17 New York Law School Journal of Human Rights i-x (2000).
“Patterns of Lending to Low-Income and Minority Persons and Neighborhoods: The 1999 New York Metropolitan Area Mortgage Lending Scorecard (Symposium: Financial Modernization: The Effect of the Repeal of the Glass Steagall Act on Consumers and Communities).” 17 New York Law School Journal of Human Rights 199-269 (2000).
“New York Metropolitan Area Lending Scorecard: 1998.” 16 New York Law School Journal of Human Rights 769–809 (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 Fordham Urban Law Journal 481–531 (1999).
“The New Community Reinvestment Act Regulations: An Attempt to Implement Performance-Based Standards.” 29 Clearinghouse Review 1021–1033 (1996).
“Fighting Poverty Through Community Empowerment and Economic Development: The Role of the Community Reinvestment and Home Mortgage Disclosure Acts.” 12 New York Law School Journal of Human Rights 281–310 (1995).
“Working for Social Change and Preserving Client Autonomy: Is There A Role for ‘Facilitative’ Lawyering?” 1 Clinical Law Review 639–663 (1995).
“A Guide to Enforcing the Community Reinvestment Act.” 20 Fordham Urban Law Journal 165–279 (1993).
“Linking Educational Benefits with Draft Registration: An Unconstitutional Bill of Attainder?” 21 Harvard Journal on Legislation 207–224 (1984).
NEWSPAPER ARTICLES, PRACTICE MATERIALS, AND OTHER PUBLICATIONS
"How to Make CRA Exams Really Effective,"
American Banker
(September 2005).
“Fair Housing — Know Your Rights.” (New York State Division of Human Rights, 1998).
“The New York Law School’s Civil and Human Rights Clinic: An Opportunity to Learn, A Commitment to Help.” 16 In Brief 2–6 (Fall/Winter, 1997).
“Community Reinvestment and Fair Lending Training Manual.” New York State Division of Human Rights, 1995. Revised, 1996.
“The New Community Reinvestment Act Regulations: An Attempt at Implementing Performance-Based Standards.” 49 Consumer Finance Law Quarterly Report 47–58 (Winter, 1995).
T: 212-431-2180
F: 212-966-2053
E: rmarsico@nyls.edu
O: A402
Fordham, B.A. 1982 summa cum laude Harvard, J.D. 1985 magna
cum laude.
Law Clerk, Hon. Shirley Wohl Kram, U.S. District Court, Southern District
of New York.
Served in Civil Division of Legal Aid Society. Authority on lending and banking law relating to poor and minority neighborhoods, with specialty in community reinvestment and home mortgage disclosure legislation.
Scholarship
available at:
Social
Science Research Network (SSRN)
At New York Law School since 1990.