All Issues

Homeownership & Foreclosure

Homeownership plays a key role in economic mobility. Yet Black homeownership rates are lower than a decade ago, and Black and Latino homeowners face the greatest risk of foreclosure. NCLC seeks to expand access to sustainable homeownership for low-income consumers and communities of color by removing barriers to affordable mortgages and establishing solutions for homeowners seeking to save their family home in the face of economic hardship.

Key Topics

FHA Loans

Working to preserve affordable homeownership in the Federal Housing Administration loan program.

Libor

The LIBOR is a benchmark index, also known as a reference rate, that is commonly used in millions of adjustable rate mortgages, Home Equity Line of Credit (HELOCs), and student loans.

Manufactured Housing

Promoting sustainable practices for consumers in manufactured housing.

Mortgage Lending

Promoting sustainable and equitable homeownership for low-income families.

Mortgage Servicing & Foreclosures

Preserving homeownership with foreclosure prevention and servicing advocacy.

Property Assessed Clean Energy (PACE) Loans

Protecting PACE borrowers against fraud, unaffordable loans, and foreclosure.

Reverse Mortgages

Working to keep reverse mortgages safe and prevent foreclosures.

State Foreclosure Laws & Policy

Promoting state policies and using state law to prevent foreclosure.

Featured

Recent Resources

View All for Recent Resources
Reconsiderations of Value of Residential Real Estate Valuations: Comments on Proposed Interagency Guidance

September 19, 2023

NCLC Petition for Reg X Rulemaking on HELOCs, Reverse Mortgages, Language Access, and Manufactured Housing

August 29, 2023

Property Tax Foreclosures on Heirs Property: The Devastating Consequences and Recommendations for Prevention

August 22, 2023

Heirs Should Not Be Subject to Florida’s Homestead Tax Exemption Penalty

August 22, 2023

Report Examines Severe Consequences of Property Tax Liens and Foreclosures for Owners of Inherited Homes

August 22, 2023

ProPublica: Homeowners Trying to Get Out of “We Buy Ugly Houses” Deals Find Little Relief in State, Federal Laws

August 2, 2023

The New York Times: Divvy Wants to Make Rent-to-Own Deals Easy. Many Customers Find Them Hard.

August 1, 2023

Comments to the CFPB on Property Assessed Clean Energy (PACE) Financing Proposed Rule

July 26, 2023

Americans for Financial Reform Coalition Comment to CFPB on PACE Rulemaking

July 26, 2023

Comments & Letters

View All for Comments & Letters
Reconsiderations of Value of Residential Real Estate Valuations: Comments on Proposed Interagency Guidance

September 19, 2023

NCLC Petition for Reg X Rulemaking on HELOCs, Reverse Mortgages, Language Access, and Manufactured Housing

August 29, 2023

Comments to the CFPB on Property Assessed Clean Energy (PACE) Financing Proposed Rule

July 26, 2023

Americans for Financial Reform Coalition Comment to CFPB on PACE Rulemaking

July 26, 2023

Coalition Comments to FHFA on Equitable Housing Finance, Language Access, and Fair Lending Oversight

June 26, 2023

Letter to HUD on Modernization of Engagement With Single Family Mortgagors in Default

May 9, 2023

Group Comments to The Appraisal Foundation on USPAP Fifth Exposure Draft and Advisory Opinions: Nondiscrimination Language

April 28, 2023

Coalition Letter Supporting Final Rule on Affirmatively Furthering Fair Housing

April 24, 2023

Coalition Comment to FHA on 203(k) Rehabilitation Mortgages, Including Energy Efficiency Loans

April 17, 2023

Reports

View All for Reports
Property Tax Foreclosures on Heirs Property: The Devastating Consequences and Recommendations for Prevention

August 22, 2023

Compendium of Existing Laws that Foster Resident Ownership of Manufactured Home Communities

March 14, 2023

Too Damn High: How Junk Fees Add to Skyrocketing Rents

March 13, 2023

Report: How GSE Note Sales Undermine Homeownership

January 30, 2023

Summary of State Manufactured Home Notice and Right of First Refusal Laws

January 1, 2021

Appendix C: Long Summaries of Loss Mitigation Rules for Government-Backed Loans

February 19, 2020

Obtaining Mortgage Relief for Victims of Disasters: A Practice Guide for Advocates

February 15, 2020

Toxic Transactions: How Land Installment Contracts Once Again Threaten Communities of Color

July 14, 2016

Stopping Foreclosures with the RESPA Servicing Rules

June 24, 2016

Issue Briefs

View All for Issue Briefs
Heirs Should Not Be Subject to Florida’s Homestead Tax Exemption Penalty

August 22, 2023

Home Equity Lines of Credit Gaps in Coverage & Exemptions from Regulations

February 22, 2023

2023 Consumer Protection Federal Priorities

January 13, 2023

Contracts That Offer Homeowners Cash for Home Equity Can Be Riskier Than They Look

January 9, 2023

Advocating at the Local Level

September 28, 2022

Homeowner Assistance Fund: Overview and FAQs

May 1, 2022

Fighting Zombie Second Mortgages: Helping Borrowers Whose Second Mortgages Have Been Dormant for Years and Are Now Coming to Life to Feed on the Equity in Their Homes

April 1, 2022

Ensuring Access to Sustainable Homeownership: 2022 Priorities

March 1, 2022

FAQ: Homeowner Assistance Funds and Reverse Mortgages

March 1, 2022

Testimony

View All for Testimony
Testimony of Sarah B. Mancini on Alternative Home Financing Before the Senate Banking Subcommittee on Housing, Transportation, and Community Development

July 11, 2023

Testimony Before the Connecticut General Assembly Regarding Raised Bill No. 988

February 14, 2023

Testimony Before Maryland General Assembly Regarding H.B. 23

January 24, 2023

Testimony Regarding MD H.B. 71, the Manufactured Housing Modernization Act

January 21, 2022

The LIBOR Transition: Protecting Consumers and Investors

November 2, 2021

Press Releases & News

View All for Press Releases & News
Report Examines Severe Consequences of Property Tax Liens and Foreclosures for Owners of Inherited Homes

August 22, 2023

ProPublica: Homeowners Trying to Get Out of “We Buy Ugly Houses” Deals Find Little Relief in State, Federal Laws

August 2, 2023

The New York Times: Divvy Wants to Make Rent-to-Own Deals Easy. Many Customers Find Them Hard.

August 1, 2023

Biden Administration Takes Aim at Rental Housing Junk Fees

July 19, 2023

NPR: Shocked by those extra monthly apartment fees? 3 big rental sites plan to reveal them

July 19, 2023

ProPublica: Senators Call for Further Oversight, Consumer Protections in Contract for Deed Real Estate Transactions

July 12, 2023

Exploiting the American Dream: NCLC Co-Director of Advocacy to Testify Before Senate Banking on Abusive Land Contracts

July 11, 2023

ProPublica: Sarah Bolling Mancini Discusses the Ugly Truth Behind HomeVestors

June 22, 2023

The Wall Street Journal: Zombie Mortgages Could Force Some Homeowners Into Foreclosure

June 4, 2023

Amicus Briefs

View All for Amicus Briefs
Amicus Brief in Tyler v. Hennepin

March 6, 2023

Amicus Brief in Massachusetts Fair Housing Center and Housing Works, Inc. v. HUD

October 13, 2020

Amicus Brief in the Township of Mount Holly v. Mt. Holly Gardens Citizen in Action

October 28, 2013

Amicus Brief in First American Financial Corporation v. Denise P. Edwards

October 18, 2011

Support NCLC

Please support NCLC's work to advance consumer rights and economic justice with a tax-deductible contribution today!

Donate