Cracking the Code: Understanding and Overcoming Language Barriers in Consumer Finance
This report covers the ways that financial institutions across the financial services industry serve, or fail to serve, people with limited English proficiency.
Search Results
-
-
"What the Heck, Dude!": How States Can Fight Rental Housing Junk Fees
This companion report to Too Damn High focuses on steps that state and local governments and advocates can take to address junk fees.
Read More about "What the Heck, Dude!": How States Can Fight Rental Housing Junk Fees
-
Keeping it in the Family: Legal Strategies to Address the Challenge of Heirs Property and Prevent Home Loss
This report highlights and evaluates the efficacy of various laws and policies aimed at helping owners of heirs property, a significant driver of land loss in communities of color.
-
Property Tax Foreclosures on Heirs Property: The Devastating Consequences and Recommendations for Prevention
While millions of homeowners fell behind on mortgage payments and were at risk of losing their homes to mortgage foreclosures during the COVID-19 pandemic, many others were facing another foreclosure crisis- the loss of their homes due to property tax lien foreclosures. This strict and often rapid tax lien foreclosure process has created a lesser…
-
Too Damn High: How Junk Fees Add to Skyrocketing Rents
Junk fees jeopardize access to future housing and financial stability by contributing to rental debt that leads to negative marks on credit reports.
Read More about Too Damn High: How Junk Fees Add to Skyrocketing Rents
-
Report: How GSE Note Sales Undermine Homeownership
A Call for Reform By: Andrea Bopp Stark, Alys Cohen, Steve Sharpe, Geoff Walsh Congress has charged the housing giants Fannie Mae and Freddie Mac (the government-sponsored enterprises or GSEs) with the goals of supporting and expanding homeownership. Yet, during the COVID-19 pandemic, the Federal Housing Finance Agency (FHFA), Fannie and Freddie have undercut—and continue…
Read More about Report: How GSE Note Sales Undermine Homeownership
-
At a Crossroads: Lessons from the Home Affordable Modification Program (HAMP)
In 2013, our nation stands at a crossroads. We are still in the midst of the worst foreclosure crisis we have ever experienced. The successes, failures, and missed opportunities of HAMP provide a roadmap for a way out of the current crisis as well as a way to prevent its repetition. With up to 10…
Read More about At a Crossroads: Lessons from the Home Affordable Modification Program (HAMP)
-
Opportunity Denied: How HUD's Note Sale Program Deprives Homeowners of the Basic Benefits of Their Government-Insured Loans
Vigorous enforcement of HUD’s loss mitigation rules would preserve homeownership and stabilize communities better than essentially unrestricted sales of the loans, often to financial speculators. To date, however, HUD has not held its major servicers accountable for their non-compliance with HUD’s own servicing rules. The note sale program should continue only if it can be…
-
Toxic Transactions: How Land Installment Contracts Once Again Threaten Communities of Color
This NCLC report documents a new wave of predatory real estate lending, previously peddled to African-Americans during the 1930s to 1960s, as Wall Street investment companies move to profit off foreclosed homes. The report urges the CFPB to issue rules to protect vulnerable consumers across the nation.
-
The Other Foreclosure Crisis: Property Tax Lien Sales
Local governments are facing financial pressures that necessitate a steady stream of tax revenue. Yet, many homeowners have been negatively affected by the difficult economic times. This report looks at ways in which local governments can assist homeowners who justifiably have payment problems, without also increasing the cost of collection or limiting tax revenues. Most…
Read More about The Other Foreclosure Crisis: Property Tax Lien Sales
