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Advocates Applaud Passage of $1.9 Trillion COVID-19 Economic Stimulus to Help Americans but Congress Must Ensure EIPs Feed Families, Not Debt Collectors

2021-03-10T14:14:50-05:00March 10, 2021|Categories: Media Center, Press Releases (Archived)|

FOR IMMEDIATE RELEASE: MARCH 10, 2021 National Consumer Law Center Contacts: Jan Kruse (jkruse@nclc.org) or Stephen Rouzer (srouzer@nclc.org) Washington, D.C. – Advocates at the National Consumer Law Center praised Congress for passing the $1.9 trillion American Rescue Plan Act of 2021 to help struggling families. But they noted that more needs to be done, especially [...]

FHFA’s Delay of Fannie & Freddie Mortgage Refinancing Fee is a Necessary Yet Utterly Insufficient Step for Struggling Homeowners

2020-08-26T21:12:41-05:00August 26, 2020|Categories: Media Center, Press Releases (Archived)|

Washington, D.C. – The Federal Housing Finance Agency (FHFA) announced yesterday that a fee from Fannie Mae and Freddie Mac, which FHFA previously approved and which makes refinancing more expensive for mortgages backed by those companies, will be delayed until December 1. FHFA also said the fee will not apply to refinance loans with balances [...]