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NerdWallet: "Relief options if you're in debt from your kid's education"

April 18, 2023

Originally appearing in ABC News, Eliza Haverstock of NerdWallet quotes Alpha Taylor in coverage of the impact of the Department of Education’s repayment plan overhaul on the 3.7 million parents who owe parent PLUS loans. “These are intergenerational debts. The parents have their own student loans, so they have their own debt that they’re carrying.…

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CFPB to Host Field Hearing on “Zombie Second Mortgage Debt” in Brooklyn

April 20, 2023

Housing Law Experts to Probe “Zombie” Second Mortgages and Foreclosures on April 26 WASHINGTON — The Consumer Financial Protection Bureau’s (CFPB) upcoming field hearing will feature remarks from CFPB Director Rohit Chopra and leading national and local housing law advocates, including Andrea Bopp Stark, senior attorney at the National Consumer Law Center, on “zombie” second…

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Federal Housing Finance Agency to Codify Collection of Mortgage Applicants’ Language Preference

April 19, 2023

WASHINGTON – The Federal Housing Finance Agency’s (FHFA) proposed rule to codify several existing measures to ensure a fair and accessible housing finance system will require housing giants Fannie Mae and Freddie Mac (the Enterprises) to collect and report information about mortgage applicants’ language preference, according to Americans for Financial Reform Language Access Task Force…

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Wharton Fintech Podcast: The Broken Credit Reporting System

March 8, 2021

In this episode of the Wharton Fintech Podcast, host Ryan Zauk sits down with Chi Chi Wu to discuss: The Fair Credit Reporting Act’s strengths and weaknesses The Big 3 Credit Bureaus…what’s broken, and how we can fix it Pros and cons of the new alternative data boom COVID’s devastating effects on individual credit Her…

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MIT Technology Review: Can AI fix your credit?

May 12, 2021

Credit scores have been used for decades to assess consumer creditworthiness, but their scope is far greater now that they are powered by algorithms. Not only do they consider vastly more data, in both volume and type, but they increasingly affect whether you can buy a car, rent an apartment, or get a full-time job.…

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Crypto Companies, Others, Must Stop Misusing FDIC’s Name and Logo

April 6, 2023

Consumer Advocates Support Proposed Rule to Address False Advertising and Misrepresentations of Deposit Insurance Coverage WASHINGTON — New rules proposed by the Federal Deposit Insurance Corporation (FDIC) are needed to prevent crypto firms and fintech banking apps from misleading customers by representing or suggesting that these companies and accounts are insured by the FDIC, according…

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Newsroom

NerdWallet: "Relief options if you're in debt from your kid's education"

CFPB to Host Field Hearing on “Zombie Second Mortgage Debt” in Brooklyn

Federal Housing Finance Agency to Codify Collection of Mortgage Applicants’ Language Preference

Wharton Fintech Podcast: The Broken Credit Reporting System

MIT Technology Review: Can AI fix your credit?

Crypto Companies, Others, Must Stop Misusing FDIC’s Name and Logo

Support NCLC