The undersigned consumer, labor, civil rights, legal services and community organizations write in strongsupport of the Consumer Financial Protection Bureau’s proposed interpretive rule on emerging paycheckadvance products, sometimes marketed as “earned wage” products. Workers should not have to pay to be paid, and we support the CFPB’s efforts to guard against predatory lending in the…
Consumer groups urge the CFPB to take meaningful actions to reduce and eliminate unnecessary fees, or junk fees, in remittance transactions: curtail the use of hidden markups, eliminate the exceptions allowed for third-party fees, and reduce the exemptions for compliance my the majority of depository institutions added in 2020.
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NCLC submitted comments on HUD’s revised version of the Defect Taxonomy, which is a document that will be used when HUD assesses servicer compliance with FHA-insured rules.
NCLC wrote and submitted this amicus brief to the U.S. Court of Appeals for the Eighth Circuit in Missouri v. Biden. In this case, Missouri and several other states have challenged the U.S. Department of Education’s 2023 rules governing income-driven repayment, including the SAVE plan. This amicus brief offers NCLC’s student loan law expertise to…
NCLC has joined an amicus brief in this case before the Ohio Supreme Court, which involves a class action seeking statutory damages under state law for mortgage servicing misconduct. On appeal, Quicken argues that Article III standing should be imported into Ohio law. The amicus brief focuses on the different sources of standing under Article…
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NCLC joined in an amicus brief authored by the Lawyers Committee for Civil Rights Under Law regarding the definition of “prevailing party” in civil rights cases where a preliminary injunction is obtained and the case is subsequently mooted out by a legislative fix. The outcome of this case will impact the ability of civil rights…