Zombie Second Mortgage Resources
These NCLC Digital Library resources explain what zombie second mortgages are, why they are such a problem, and ways homeowners can stop foreclosures.
All Resources
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Fast Facts: CFPB by the Numbers
The CFPB has returned $21 billion+ in the forms of monetary compensation, principal reductions, canceled debts, and other consumer relief resulting from CFPB enforcement ($19.6 billion) and supervisory ($1.4 billion) work to more than 205 million consumers or consumer accounts. Learn more about the CFPB’s work by the numbers.
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Robbed Behind Bars: Identity Theft Committed Against Incarcerated Victims
Identity theft is a big problem with hidden victims. Identity theft is a multi-billion dollar problem in the United States. In 2021, nearly 24 million people were victims of identity theft, and it was the single most common complaint in the Federal Trade Commission’s (FTC) law enforcement database. While people may assume that identity theft…
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Amicus Brief: Weingot v. Unison Agreement Corp. et al.
With the assistance of Gupta Wessler, we filed for leave to file an amicus brief in Weingot v. Unison Agreement Corp. (E.D.N.Y.) to assist the court in reaching a decision on the first case involving a home equity investment loan to reach summary judgment. The brief provides background on Unison’s business model and support for…
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Hodges v. NewRez, LLC d/b/a Shellpoint Mortgage Servicing and The Bank of New York Mellon
Hodges v. NewRez, LLC d/b/a Shellpoint Mortgage Servicing and The Bank of New York Mellon, 1:25-cv-10147 (D. Mass.) The case seeks classwide relief against mortgage servicer NewRez, LLC, and loan holder Bank of New York Mellon for their mishandling of “zombie” second mortgages. The complaint alleges that the defendants failed, as a matter of systematic…
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Overview: What States Can Do To Help Struggling Consumers
This overview provides a list of common consumer problems coupled with state-based policy solutions.
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National Consumer and Privacy Groups Opposition to a Stay of 1-to-1 Consent Regulation
This filing was submitted to urge the FCC not to act on the “Emergency Petition for Commission to consider a stay of effective date of one-to-one rule in light of Executive Order” filed by the group known as Responsible Enterprises Against Consumer Harassment, MBC (R.E.A.C.H.). Given the harm to consumers and small businesses that would…
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Comments to the Dept. of Ed. re: Proposed Regulations on Borrower Defenses and Use of Forced Arbitration by Schools
These comments, submitted on behalf of organizations across the country that provide free legal assistance to low-income student loan borrowers, address the Department’s proposed changes to regulations previously promulgated to protect federal student loan borrowers and taxpayers from misconduct and closures by schools. We urge the Department to change course, as the proposed rules would…
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NCLC Breakdown of Kansas Municipal Court Debt Data
The Kansas Department of Administration produced data to NCLC documenting $76,774,357 in Kansas Municipal Court debts that were outstanding in its system as of June 2023. NCLC organized the records into categories and sub-categories to better understand the types of debts in collection in Kansas Municipal Courts. Kansas Municipal Debt, broken down into categories by…
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