This coalition letter supports the Bureau’s efforts to streamline loss mitigation for mortgage borrowers and makes specific recommendations to improve the proposed RESPA rule. It also supports improving protections for successors in interest and those with zombie second mortgages and other home equity lines of credit.
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This RESPA comment, with three appendices, generally supports and provides detailed feedback on the Bureau’s proposals to streamline loss mitigation procedures and to expand language access in mortgage servicing. It shares results of two related NCLC surveys of advocates and also supports providing stronger protections for successors in interest and for those with “zombie” second…
This presentation provides a summary of issues related to protecting consumers when e-sign, electronic signatures, and electronic media is involved.
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This letter from 27 groups urges the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC) to issue guidance on Inclusive Utility Investment (IUI)/Tariffed On-Bill Financing/Pay As You Save (PAYS) (referred to jointly as “TOB”) loans. These products are growing substantially in the market and, without clear consumer protections, pose significant challenges to consumers’…
Read More about Coalition Letter to CFPB and FTC Regarding Tariffed On-Bill Financing (TOB)
To improve access to healthcare for people leaving incarceration, CMS is proposing to change the definition of “custody” for the purposes of Medicare eligibility rules and the Medicare special enrollment period (SEP) for formerly incarcerated individuals. These changes would now expand Medicare eligibility to people on parole, probation, or home detention, resulting in improved access…
The Federal Reserve Board proposes to expand the operating hours for the National Settlement Service (NSS) and the Fedwire Funds Service (Fedwire). NCLC supports the proposed rule to expand the operating hours of the NSS, but urge the Federal Reserve Board to take additional measures to address and prevent fraud occurring via Fedwire before expanding…
