Diane Thompson, an attorney with the Land of Lincoln Legal Assistance Foundation in East St. Louis, Ill., has been appointed to the Federal Reserve Board's Consumer Advisory Council. The council meets three times a year in Washington, D.C., to advise the Board on its responsibilities under the Consumer Credit Protection Act and on other consumer financial services matters.
Thompson is the supervisory attorney for the Land of Lincoln foundation's Housing and Consumer Rights Unit in East St. Louis. In this capacity, she supervises consumer rights litigation and works with community organizations on affordable housing and community economic development. She also oversees comprehensive homeless advocacy and prevention projects. Last fall, Thompson facilitated a round table discussion on predatory lending at the Federal Reserve Bank of St. Louis' conference in East St. Louis.
An expert on the Truth-in-Lending and Home Ownership and Equity Protection acts, Thompson is an experienced anti-predatory lending litigator in the St. Louis area.