WASHINGTON — The Consumer Financial Protection Bureau (CFPB) announced today the appointment of new members to its Consumer Advisory Board (CAB), including Sarah Bolling Mancini, a senior attorney at the National Consumer Law Center, focusing on foreclosures, mortgage lending, and credit reporting issues.
“It is a great honor to join the CFPB’s Consumer Advisory Board along with so many strong community leaders,” said Mancini. “I look forward to bringing insights to the Bureau from the lived experiences of low-income consumers and consumers of color and helping to assess the impact of financial practices on vulnerable communities.”
The Dodd-Frank Wall Street Reform and Consumer Protection Act charges the CFPB with establishing its CAB to provide advice on a variety of consumer finance issues. Six of the CAB’s members are appointed at the recommendation of a president of a Federal Reserve Bank. Mancini, who is based in Atlanta, Georgia, was recommended by Raphael Bostic, President of the Federal Reserve Bank of Atlanta.
“We are thrilled that Sarah will be able to help advance the crucial work of the CFPB and fight for a fairer marketplace for low-income consumers as a member of the Consumer Advisory Board,” said Rich Dubois, executive director of the National Consumer Law Center.
Mancini previously worked in the Home Defense Program of Atlanta Legal Aid, and has represented homeowners in litigation in state, federal district, and bankruptcy courts. She also clerked for the Honorable Amy Totenberg, U.S. District Court for the Northern District of Georgia. At NCLC, Sarah is a principal author of the Truth in Lending treatise and the author of reports on reverse mortgage lending, land installment contracts, and other topics (see Additional Resources).
Members of the advisory boards and councils do not receive a salary, nor are they eligible to officially represent the CFPB or the Federal Reserve System. Their selections do not connote endorsements of their organizations.
Additional Resources
- Complete list of Consumer Advisory Board appointments
- Unmet Promise: Reverse Mortgage Servicing Challenges and How to Improve Housing Stability for Older Adults
- Mismatched and Mistaken: How the Use of an Inaccurate Private Database Results in SSI Recipients Unjustly Losing Benefits
- Toxic Transactions: How Land Installment Contracts Once Again Threaten Communities of Color
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