Absent a federal requirement, far too many states and local governments will continue to promulgate ownership requirements that exclude heirs property owners and other survivors without conventional documentation of title.
Read More about Letter to HUD on CDBG-DR and Heirs Property/Alternative Title Documentation
NCLC, consumer, and civil rights groups comments to the OCC strongly oppose the Office of the Comptroller of the Currency (OCC)’s proposed rule on Permissible Interest on Loans That Are Sold, Assigned, or Otherwise Transferred (proposal or proposed rule).
Read More about Comments to the OCC on permissible interest on loans that are sold or assigned
As noted by the FTC, bank imposter texts are skyrocketing. As described in this letter, there are specific actions that banks can take to help stem these, and to protect consumers from losses that result from these imposter texts.
Read More about What Banks Can Do to Stop Bank Imposter Texts
Consumers who wish to borrow small amounts of money may have several options. Comparing them can be difficult, especially since consumers do not always get annual percentage rate (APR) disclosures. The APR is an important price comparison tool, providing an apples-to-apples rate comparison for borrowing the same amount of money for the same amount of…
We recommend that for calls that include AI-generated technology: before callers can make AI-generated calls that may employ interaction with the recipient, the callers must obtain explicit consent from called parties to receive calls that use this technology; and second, that these AI-generated calls must include a disclosure at the beginning of each call that…
NCLC supports HUD’s proposal to require servicers to provide partial claim information in connection with a request for a mortgage payment.
Read More about Comments to HUD's Proposed Guidance on Partial Claims and Payoffs