Resources Archive

Stone v. Real Estate Equity Exchange, Inc. et al.

August 9, 2024

Stone v. Real Estate Equity Exchange, Inc., Unison Agreement Corp., Odin New Horizon Real Estate Fund, and Unison Investment Management, LLC, No. 24-01181-MER (Bankr. D. Colo.) This adversary proceeding against predatory mortgage lender Unison Agreement Corp. and its affiliates seeks a ruling that so-called “shared equity option products” are, in fact, usurious and unconscionable mortgage…

107 Advocacy Groups Comments Supporting CFPB Medical Debt Credit Reporting Ban Proposal

August 9, 2024

These are comments from 107 consumer, health care, civil rights, faith-based, economic development, legal services, and advocacy organizations supporting the Consumer Financial Protection Bureau’s proposed rule banning medical debt from credit reports. The proposed rule will benefit the 15 million consumers unfairly burdened by medical debt on their credit reports, disproportionately affecting Black and Latino…

Myths and Facts About Ways to Increase Small Dollar Mortgage Lending

August 9, 2024

In this issue brief, we debunk certain myths about the barriers to small-dollar mortgage lending and set out recommendations for meaningful progress.

Policy Recommendations: Ways to Prevent Built-to-Fail Land Contracts and Lease-Options From Hijacking the American Dream of Homeownership

August 9, 2024

A significant number of Americans have attempted to become homeowners through “rent-to-own” transactions – either a land contract or a lease with option to buy. Often, these contracts are built to fail. In this issue brief, we provide policy recommendations to prevent harmful practices and incentivize success.

Coalition Memo to Federal Agencies Urging Consumer Protections for Green Lending

August 6, 2024

Surging public and private investment in consumer-facing green lending products1 promises to lower household energy bills, improve environmental quality and health, combat climate change, and better protect families from climate impacts. The inrush of capital and new products can also expose families to predatory financing, unsuitable products, and outright fraud. The urgency to deploy capital…

Letter in Support of the Stop Corporate Capture Act

July 22, 2024

NCLC joins with others in support of the Stop Corporate Capture Act (H.R. 1507). This bill is critically important legislation that offers the necessary comprehensive blueprint for modernizing, improving, and strengthening the regulatory system to protect the public more effectively. Importantly, this bill also codifies Chevron deference to agency rulemaking, which was recently eliminated by…

All Resources

Stone v. Real Estate Equity Exchange, Inc. et al.

107 Advocacy Groups Comments Supporting CFPB Medical Debt Credit Reporting Ban Proposal

Myths and Facts About Ways to Increase Small Dollar Mortgage Lending

Policy Recommendations: Ways to Prevent Built-to-Fail Land Contracts and Lease-Options From Hijacking the American Dream of Homeownership

Coalition Memo to Federal Agencies Urging Consumer Protections for Green Lending

Letter in Support of the Stop Corporate Capture Act