Annual Report Grades the Strength of State Protections for Family Finances; No State Earns an A; Georgia, Kentucky, Michigan, New Jersey, and Utah Get Failing Grade
This coalition letter from over 30 groups urges the FIO to finalize a proposed data collection without further changes to ensure granular data collection on the impacts of climate on financial risk in insurance markets. The proposal, which at its inception was already too narrow, has been further narrowered to omit many key markets and…
This letter from the Underserved Mortgage Markets Coalition to FHFA Director Sandra Thompson recommends that the Government Sponsored Enterprises should retain loan purchase targets for underserved populations even in adverse market conditions.
NCLC submitted a letter, along with 60 consumer, civil rights, health care, and advocacy organizations, urging CFPB Director Chopra not to delay the CFPB’s planned FCRA rulemaking. This letter responds to a November 17, 2023 letter sent by 15 industry trade organizations urging Director Chopra to slow down the FCRA rulemaking by issuing an Advanced…
Read More about Letter from 60 Groups: Do Not Delay FCRA Rulemaking
President Joe BidenThe White House1600 Pennsylvania AvenueWashington DC 20500 Mr. Rohit Chopra, DirectorConsumer Financial Protection Bureau1700 G St. NWWashington, DC 20552 Ms. Lael Brainard, DirectorMr. Michael Negron, Special Assistant to the President for Economic PolicyNational Economic Council1600 Pennsylvania Avenue NWWashington, DC 20500 Dear President Biden, Director Chopra, Director Brainard and Special Assistant Negron, The undersigned…
Read More about Letter to President Biden and CFPB Supporting Lower Credit Card Late Fees
Clear Rate Caps that Prevent Evasions are Critical to Protecting Consumers from Unaffordable Loans
Forty-five states and the District of Columbia (DC) currently cap interest rates and loan fees for at least some consumer installment loans, depending on the size of the loan. However, the caps vary greatly from state to state, and a few states do not cap interest rates at all.
This guide is a resource for anyone interested in safeguarding the rights of homeowners in manufactured home communities through state policy.
Read More about Policy Guide: Protecting Fundamental Freedoms in Communities
This is an outdated report. For the most current version click here. Caps on interest rates and loan fees are the primary vehicle by which states protect consumers from predatory lending. Forty-five states and the District of Columbia (DC) currently cap interest rates and loan fees for at least some consumer installment loans, depending on the size…
The challenges posed by the Covid-19 crisis have heightened the importance of sustained, affordable access to essential home energy service for all households across the nation. Yet, there is currently only limited capacity in the U.S. to gain a clear, data-driven understanding of the number of households that lose access to home energy services and…
Resident ownership of manufactured home communities is a proven strategy with profound benefits.
Read More about Policy Guide: First Steps Toward a Resident Purchase Opportunity
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