Appearing on the Los Angeles Times on May 16, 2024, David G. Savage interviews NCLC Associate Director Lauren Saunders for coverage of the U.S. Supreme Court ruling in favor of the Consumer Financial Protection Bureau. “Predatory lenders and companies that rip consumers off with illegal junk fees have been trying to undermine the CFPB since…
In a major victory for consumers, the U.S. Supreme Court ruled 7-2 in favor of the CFPB's independent funding structure.
Read More about U.S. Supreme Court Rejects Challenge to Consumer Watchdog
A new NCLC Digital Library article summarizes three important U.S. Department of Veterans Affairs and U.S. Department of Housing and Urban Development policy updates helping homeowners avoid foreclosure. • The VA’s implementation of the VA Servicing Purchase (VASP) program; • FHA’s announcement of the Payment Supplement option; and • HUD’s promulgation of a final rule…
Read More about Digital Library: Three Important New Protections Preventing Home Foreclosures
Federal Reserve proposes to process electronic payments 365 days a year
Read More about Fed Proposal Will Make It Easier to Pay Bills, Receive Wages on Weekends
New guidance addresses how the Fair Housing Act protects renters from common tenant screening practices, including use of AI
A coalition of affordable housing and civil rights organizations applaud Monday’s announcement from the Federal Housing Finance Agency finalizing a rule on fair housing, fair lending, and equitable housing finance.
The population with medical collections remaining on their credit reports is more likely to live in predominantly Black and Hispanic census tracts.
Read More about CFPB Report Confirms Credit Reporting of Medical Debt is a Racial Justice Issue
Advocates Applaud HECM-For-Purchase Policy Change that Will Protect Older Borrowers
Read More about Latest HUD Action Will Prevent Up-Charging in Reverse Mortgage Loans
Today represents a major step forward towards providing long overdue protections for Massachusetts consumers.
Consumer advocates question what is driving higher rates and defend the new late fee rule by the CFPB.
Read More about Synchrony's Planned Rate Hike Unjustified, Advocates Say
Advocates and industry groups welcomed newly adopted energy codes today for federally supported homes across the country.
Read More about Groups Celebrate Updated Energy Efficiency Rules for New U.S.-Backed Homes
Appearing in ProPublica on April 23, 2024, Lizzie Presser covers the introduction of a legislative package on Tuesday that would expand heirs’ property owners’ access to disaster relief and provide assistance in clearing titles. Nketiah “Ink” Berko, an Equal Justice Works fellow, sponsored by the Rossotti Foundation, at the National Consumer Law Center, says that…
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