Appearing in the Detroit Free Press on May 14, 2024, Susan Tompor interviews NCLC Senior Attorney Chi Chi Wu for coverage of a Texas judge’s preliminary injunction to halt the CFPB’s credit card late fees rule. “This is a mess that will be amplified by a thousandfold if the Supreme Court strikes down the CFPB…
Appearing in The New York Times on May 10, 2024, Ann Carrns interviews NCLC staff attorney Alpha Taylor for coverage of a pause on the processing of applications for student loan forgiveness by borrowers who work in public service jobs for about two months as it updates its systems and seeks to fix the problems…
Read More about The New York Times: A Pause for the Public Service Loan Forgiveness Program
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
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