Comment from the National Community Reinvestment Coalition, the National Consumer Law Center® and the Center for Responsible Lending opposing the application from Figure Technologies for a national bank charter and to establish Figure Bank.
During this unprecedented crisis, the organizations below write on behalf of our country’s most vulnerable people in terms of health and economic stability: incarcerated people and their families and loved ones. During the COVID-19 pandemic incarcerated and detained individuals are being deprived of family visits across the country in conditions that make them uniquely at risk for contracting COVID-19.
This ex parte Notice relates to a meeting held on August 11 between representatives from various consumer groups with staff of the Bureau on Consumer and Governmental Affairs, along with Tim Sostrin, an attorney representing a consumer in a case pending against Assurance IQ, LLC.
Letter re: 83 Fed. Reg. 64,459 (Dec. 17, 2018), RIN 2900‐AQ42, Interim Rulemaking Loan Guaranty: Revisions to VA‐Guaranteed or Insured Cash‐out Home Refinance Loans.
Consumer, civil rights, and advocacy groups write to urge credit reporting companies to take affirmative steps to help the credit histories of employees of federal contractors and owners/employees of small businesses impacted by the current partial shutdown of the federal government.
Letter calling on Congress and regulators to impose a moratorium on Facebook’s Libra and related plans until the profound questions raised by the proposal are addressed.
Letter expressing concern about patient access to hospital financial assistance, pursuant to Section 501(r (4) of the Internal Revenue Code, 26 C.F.R. § 1.501(r) and Revenue Ruling 69-545.
The undersigned consumer and advocacy groups submit these comments in response to the Federal Trade Commission’s (FTC) Notice of Proposed Rulemaking (NPRM) regarding free electronic credit monitoring services for active duty military consumers, as required by Section 605A(k) of the Fair Credit Reporting Act (FCRA), 15 U.S.C. 1681c-1(k)
We write in response to the issuance of Mortgagee Letter 2021-03. We appreciate the steps taken in this Mortgagee Letter, as well as the recently announced moratorium extension through June 30, 2021, to expand the FHA foreclosure moratorium in order to ensure the ongoing housing stability of borrowers in FHA’s Home Equity Conversion Mortgage (HECM) program, and their non-borrowing spouses, in light of the current COVID-19 public health emergency. At the same time, HECM borrowers remain at significant risk of unnecessary foreclosure without additional action. Older people face the greatest risk from the current pandemic, and any housing instability will exacerbate the health and safety risk for those borrowers as well as for the community at large.
The National Consumer Law Center and the National Reverse Mortgage Lenders Association write to jointly request that HUD clarify its recent FAQ related to a foreclosure pause for borrowers who have applied for the Homeowners Assistance Fund (HAF).
We are writing to demand that the U.S. Department of Education take immediate steps to address the ongoing, unprecedented, and system wide problems and delays currently plaguing its default servicing system.