Comments submitted on behalf of civil rights and consumer advocacy organizations regarding the request for public input issued by the Financial Access and Education Subcommittee of the White House Task Force on New Americans. The consumer groups urge the Financial Access and Education Subcommittee to incorporate policies that would explicitly expand language access within the…
The undersigned civil rights and consumer advocacy organizations write to explain why we are at this time declining the invitation to join The Appraisal Foundation’s (TAF’s) Council to Advance Residential Equity (“Council”). Recent research and news stories highlight how appraisal bias impacts consumers and communities of color and exacerbates the racial wealth gap, which means…
The groups strongly support HUD’s plan to issue guidance on ROVs, but the proposed Mortgagee Letter needs substantial improvement. It should be revised to provide clear, strong standards for mortgagees and a uniform ROV disclosure for borrowers. Comments submitted by: Consumer Action, Long Island Housing Services, Inc., Mountain State Justice, Inc., NAACP Legal Defense and…
Comments of the National Consumer Law Center, on behalf of our low income clients, on the Credit Card Accountability, Responsibility and Disclosure Act of 2009 (CARD Act). We join with the many other commenters who explain how the Credit CARD Act has been an enormous benefit to consumers and to responsible credit card issuers. We…
BY: SARAH BOLLING MANCINI WITH: COLIN WEIDIG, CAMILLE DESIERTO, MARYANN FLANAGAN, RACHEL SCOTT There are roughly 480,000 reverse mortgages currently outstanding in the United States. This number is expected to grow as baby boomers age. The program was designed to allow older homeowners to borrow against their home equity without the risk of displacement, but…
NCLC, along with the Center for Economic Integrity (CEI), the William E. Morris Institute for Justice, and Wildfire, sent a letter to the new Arizona Attorney General urging her to rescind Opinion Letter 122-005 (R22-011) regarding Earned Wage Access Products, which was adopted on December 18, 2022. The letter explains that the opinion is not…
Margot Saunders testified before the Senate Committee on Commerce, Science & Transportation on the importance of maintaining the integrity of the Telephone Consumer Protection Act (TCPA) for consumers.
Margot Saunders testified before the Senate Committee on Commerce, Science & Transportation on the importance of maintaining the integrity of the Telephone Consumer Protection Act (TCPA) for consumers.
