NCLC in the News

Select media clips. Journalists interested in speaking with an expert at the National Consumer Law Center should contact Jan Kruse (jkruse@nclc.org or 617.542,8010).

Press Releases

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CFPB to Approve Potentially Risky Fintech Products 

FOR IMMEDIATE RELEASE: September 10, 2019 CONTACTS: National Consumer Law Center: Jan Kruse, jkruse@nclc.org, (617) 542-8010, Lauren Saunders, lsaunders@nclc.org Americans for Financial Reform: Carter Dougherty, carter@ourfinancialsecurity.org, (202) 251-6700 Center for Responsible Lending: Matthew Kravitz, matthew.kravitz@responsiblelending.org, (202) 349-1859 CFPB finalizes policy that gives companies a private channel to seek approvals of untested new products and a [...]

CFPB to Approve Potentially Risky Fintech Products 2019-09-10T16:06:42-05:00

National Consumer Law Center Attorney Persis Yu to Testify on September 10 before U.S. House on Protecting Student Borrowers and Holding Student Loan Servicers Accountable

For Immediate Release: Sept. 9, 2019 National Consumer Law Center contact: Jan Kruse (jkruse@nclc.org) or (617) 542-8010 Full testimony of NCLC attorney Yu will be available by 10 a.m. EDT on Sept. 10, 2019: www.nclc.org/issues/yu-test-sept2019.html Boston – On Tuesday, September 10, at 10 a.m. ET, National Consumer Law Center attorney and Director of NCLC’s Student [...]

National Consumer Law Center Attorney Persis Yu to Testify on September 10 before U.S. House on Protecting Student Borrowers and Holding Student Loan Servicers Accountable2019-09-09T11:54:01-05:00

Consumer Watchdog Files Suit against “Forensic Loan Auditing” Company for Foreclosure Rescue Scam

FOR IMMEDIATE RELEASE: September 6, 2019 National Consumer Law Center contacts: Andrew Pizor (apizor@nclc.org) or Jan Kruse (jkruse@nclc.org); (617) 542-8010 Washington, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) sued Certified Forensic Loan Auditors. According to the CFPB's complaint, Certified sold consumers worthless "audits" and other documents that the defendants claimed would help save [...]

Consumer Watchdog Files Suit against “Forensic Loan Auditing” Company for Foreclosure Rescue Scam2019-09-06T14:35:41-05:00

U.S. Dept. of Energy Rollback of Light Bulb Standards will Cost Consumers Billions

Consumer Groups Outraged by Trump Administration’s Assault on Energy Savings from More Efficient Lighting Products FOR IMMEDIATE RELEASE: September 5, 2019                                                        Contacts: National Consumer Law Center: Jan Kruse, [...]

U.S. Dept. of Energy Rollback of Light Bulb Standards will Cost Consumers Billions2019-09-05T14:08:20-05:00

HUD’s Disaster Relief Changes Will Allow for Faster Relief, But More Flexibility is Still Needed

FOR IMMEDIATE RELEASE: September 4, 2019 National Consumer Law Center contacts: Alys Cohen (acohen@nclc.org) or Jan Kruse (jkruse@nclc.org); (617) 542-8010 Boston – As Hurricane Dorian bears down on the U.S., advocates at the National Consumer Law Center (NCLC) applaud U.S. Department of Housing and Urban Development (HUD) for improving programs available to HUD-insured homeowners after [...]

HUD’s Disaster Relief Changes Will Allow for Faster Relief, But More Flexibility is Still Needed2019-09-04T13:31:57-05:00

Education Department Erects New Barriers to Relief for Students Harmed by School Fraud and Closures; Protects For-Profit College Industry at Expense of Students

FOR IMMEDIATE RELEASE: August 30, 2019 National Consumer Law Center Contacts: Abby Shafroth (ashafroth@nclc.org) or Jan Kruse (jkruse@nclc.org); (617) 542-8010  Education Department Erects New Barriers to Relief for Students Harmed by School Fraud and Closures; Protects For-Profit College Industry at Expense of Students  Boston - Today, the U.S. Department of Education (Department) announced new rules [...]

Education Department Erects New Barriers to Relief for Students Harmed by School Fraud and Closures; Protects For-Profit College Industry at Expense of Students2019-08-30T16:29:20-05:00

FDIC’s New Mortgage Appraisal Rule Ignores Lessons of Great Recession

FOR IMMEDIATE RELEASE: August 20, 2019 Contacts: National Consumer Law Center: Andrew Pizor (apizor@nclc.org) or Jan Kruse (jkruse@nclc.org); (617) 542-8010 Mountain State Justice: Jennifer Wagner (jennifer@msjlaw.org) or (304) 326-0188 Washington, D.C. - After a vote today by the Federal Deposit Insurance Commission (FDIC) Board of Directors, banks making home mortgages will no longer need to [...]

FDIC’s New Mortgage Appraisal Rule Ignores Lessons of Great Recession2019-08-20T13:49:39-05:00

HUD Proposal Would  Significantly Obstruct Enforcement of Long-Standing Civil Rights Protections

FOR IMMEDIATE RELEASE: August 19, 2019 National Consumer Law Center contacts: Jan Kruse (jkruse@nclc.org) or Odette Williamson (owilliamson@nclc.org); (617) 542-8010  HUD Plan Would Fuel Substantial Declines in Black Homeownership The following is a statement by Odette Williamson, National Consumer Law Center (NCLC) attorney and director of NCLC’s Racial Justice and Economic Opportunity Project. Today, the [...]

HUD Proposal Would  Significantly Obstruct Enforcement of Long-Standing Civil Rights Protections2019-08-27T09:43:40-05:00

Statement Regarding Credit Report/Score Requirement in DHS Public Charge Regulation

FOR IMMEDIATE RELEASE: August 12. 2019 National Consumer Law Center contact: Chi Chi Wu (cwu@nclc.org) or (617) 542-8010 Statement Regarding Credit Report/Score Requirement in DHS Public Charge Regulation Boston - Today, the Department of Homeland Security (DHS) released a regulation that greatly expands what will be considered in determining whether an immigrant is considered a [...]

Statement Regarding Credit Report/Score Requirement in DHS Public Charge Regulation2019-08-12T12:03:42-05:00

FHFA Backtracks on Critical Language Access Question on Mortgage Application

FOR IMMEDIATE RELEASE: August 9, 2019 National Consumer Law Center contacts: Jan Kruse (jkruse@nclc.org), (617) 542-8010; or Sarah Bolling Mancini (smancini@nclc.org) Washington, D.C.- Advocates at the National Consumer Law Center decried the decision announced yesterday by the Federal Housing Finance Agency (FHFA) to remove a question about the mortgage applicant’s language preference from the Uniform [...]

FHFA Backtracks on Critical Language Access Question on Mortgage Application2019-08-09T14:40:02-05:00