The Coalition for Federal Home Loan Bank Reform (CFR) and allies applaud FHFA’s efforts to update the mission of the Federal Home Loan Banks to ensure that FHL Banks are more involved in meeting today’s housing crisis and unmet community development needs.
Read More about Coalition Letter to FHFA on Federal Home Loan Bank Reform
Consumer protection laws apply to incarcerated people. But because of incarcerated people’s limited and highly regulated contact with the outside world, they struggle to report consumer problems such as identity theft and fraud, as well as abusive practices perpetrated by the private companies that they must rely on for essential services and goods within correctional…
Read More about Captive Concerns: Incarcerated People Face Obstacles to Reporting Consumer Abuses
The Bureau’s proposal almost completely abandons the Annual Percentage Rate disclosure. Rather than emphasizing the APR or proposing a substitute, the new forms emphasize the initial interest rate and monthly payment−information that can easily be manipulated by disreputable creditors and that does not accurately disclose the cost of credit. In doing so the CFPB is,…
This graphic appeared on the Money Lion website on July 17, 2024
This report examines the impacts of extreme heat on utility consumers and recommends immediate actions policymakers and regulators must take to safeguard utility services for under-resourced consumers facing extreme weather.
The letter expresses support for the GSE pilots on alternatives to title insurance for mortgage refinancings, while also expressing concerns about the risks to consumers of broadening such pilots and the need for data collection and monitoring. The letter also focuses on reverse competition in the title insurance market and the need to have lenders…
Read More about Coalition Letter to Federal Housing Finance Agency on Title Insurance Waiver Pilots
