The undersigned organizations are writing in response to the Consumer Financial Protection Bureau’s (Bureau) rulemaking regarding the definition of a Qualified Mortgage (QM).
This report provides an update to the 2012 Broken Records report. Today, the background screening industry is a multi-billion dollar industry, with about 94% of employers and about 90% of landlords using background checks to evaluate prospective employees and tenants. Background screening companies now generate reports through largely automated processes. Generally, they run automated searches…
About 1/3 of Americans ages 18 to 29 have outstanding student loans for their own education. People age 50 and over now owe more than $289 billion, up from $47 billion in 2004.
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The undersigned 29 national, state and local civil legal aid, civil rights, consumer, labor, religious, veteran, and public interest organizations, write to strongly urge to take up and pass the Stop EITC and CTC Seizures Act (H.R. 5114), introduced by Rep. Sylvia Garcia (TX-29). H.R. 5114 would prohibit the Secretary of the Treasury from seizing federal Child Tax Credit (CTC) or Earned Income Tax Credit (EITC) refunds to pay back student loan debt owed to the U.S. Department of Education
Interim response to a request for information pursuant to the Freedom of Information Act (FOIA), 5 U.S.C. § 552, dated July 1, 2019.
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owever, recent trends raise alarming questions about the potential for scams and abuse, especially against older consumers and in communities already devastated by disinvestment, redlining, and unaffordable lending.
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Quotes from the transcripts of August 2019 earnings calls by three publicly-traded payday lenders that offer high-cost installment loans in California at rates of 135% to 199% describing their plans to enter into rent-a-bank schemes to evade the new law.
Letter from the Americans for Financial Reform (AFR) Language Access Task Force to Representatve Green in support of a bill to require the Director of the Federal Housing Finance Agency (FHFA) to require each enterprise to include a preferred language question on the Uniform Residential Loan Application (URLA)
The bill would close two major gaps in the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC) — ensuring that the federal tax code doesn’t continue to tax millions of low-wage workers into, or deeper into, poverty each year and ensuring that the tax code doesn’t exclude millions of lowincome children from the full Child Tax Credit.
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