NCLC supports S.3210 (Warren) / H.R.6145 (Jayapal), the Experts Protect Effective Rules, Transparency, and Stability Act of 2025 (“EXPERTS Act”), which restores the Chevron judicial review standard and modernizes, improves, and strengthens the regulatory system to protect the public from harm more effectively.
NCLC opposes H.R.2702 (Barr) / S.875 (Scott), the Financial Integrity and Regulation Management Act” or the “FIRM Act,” which would ban regulators from considering reputational risk in bank supervision.
NCLC Director of Consumer Reporting and Data Advocacy Chi Chi Wu, submitted testimony in support of a Massachusetts bill to ban the use of credit reports and scores for tenants who have a government rent subsidy.
Read More about Support for Massachusetts Fair Chance in Housing Act
NCLC and GBLS provided written testimony in opposition to MA S.705 & H.1106: An Act relative to home investments. This is an industry bill that is being run across the country that defines shared appreciation agreements as not being residential mortgage loans, thus exempting them from federal and state mortgage lending rules and protections.
This testimony provides support for a bill that would regulate shared appreciation mortgages & home equity “investment” loans by clarifying these products are loans, providing more precise disclosures, a cap on amounts that can be collected from the homeowner, required pre-loan counseling, and other requirements.
The time has come for policymakers to protect homeowners from the risks this product poses and those who may abuse it. HEI loans are really just another form of mortgage and should be regulated like other forms of mortgage credit.
State debt collection efforts can conflict with state anti-poverty programs. This issue brief discusses how states that seize income tax refunds to collect debts owed to the state may also be seizing safety-net payments such as state Earned Income Tax Credit (EITC) or Child Tax Credit (CTC) funds. States should follow California’s example to protect…
Read More about What States Can Do to Protect Low-Income Families When Collecting Government Debts
NCLC and the Joint Trade Associations comment to the FCC regarding methods to improve the STIR/SHAKEN Call Authentication Framework to better protect consumers from unwanted scam and spam calls.
Read More about Comments of Groups Regarding the Efficacy of STIR/SHAKEN Caller ID Authentication
The CFPB has issued a proposed rule gutting fair lending protections under the Equal Credit Opportunity Act (ECOA). Please comment by December 15th. This is a deeply concerning development. Here are the facts: How should we respond now? What the proposal does: The proposal would be harmful, is illegal, and is not based on facts. …
Read More about Fact Sheet: CFPB Proposes To Gut Credit Discrimination Protections
Nearly 200 labor, consumer, civil rights, and community organizations expressed opposition to any bill, similar to last year’s H.R. 7428 (Steil), that exempts earned wage payday loans from the Truth in Lending Act (TILA). Doing so, they warned, would endorse a form of loan that makes workers pay to be paid and would facilitate new…
Read More about Coalition Letter Opposing Earned Wage Payday Loan Exemption from TILA
The Massachusetts Department of Public Utilities expanded the state’s winter utility disconnection moratorium, to begin on October 27, 2025 and ending on April 1, 2026. This temporary expansion of the moratorium will protect utility customers who usually receive assistance through the Low Income Home Energy Assistance Program (LIHEAP or HEAP), but are still waiting for…
FHFA’s proposed 2026-2028 Enterprise Housing Goals will take away affordable mortgages for up to 177,000 lower- to moderate-income families over the next three years, worsening the housing affordability crisis and fueling deeper racial and socioeconomic inequalities in who can access credit and become a first-time homeowner.
