Racial Wealth Gap Archives - Page 2 of 5

Advocates Applaud HUD’s Actions to Protect Vulnerable Widows and Widowers and Prevent Avoidable Foreclosures

May 12, 2021

FOR IMMEDIATE RELEASE: May 12, 2021 Boston – National Consumer Law Center advocates applaud the U.S. Department of Housing and Urban Development (HUD) for two recently announced policy changes that will help homeowners avoid unnecessary foreclosures. HUD’s reverse mortgage policy change, announced in Mortgagee Letter 2021-11, will allow non-borrowing spouses of reverse mortgage borrowers to…

Advocates Applaud Senate Repeal of National Banking Regulator’s Predatory Lending Rule; Urge the House to Act Soon

May 11, 2021

FOR IMMEDIATE RELEASE: May 11, 2021 Washington, D.C. – In a 52 – 47 vote tonight, the U.S. Senate voted to overturn the OCC’s “fake lender” rule, which allows predatory lenders to evade state interest rate laws by putting a bank’s name on the paperwork. S.J. Res. 15, a resolution under the Congressional Review Act (CRA),…

Credit Union Regulator Must Not Facilitate Predatory Lending, Groups Say in Comment Letter

May 3, 2021

FOR IMMEDIATE RELEASE: May 3, 2021 WASHINGTON, D.C. – Credit unions and advocates registered their strong opposition to a proposal by the National Credit Union Administration (NCUA) that would allow credit union subsidiaries to engage in predatory lending that is explicitly illegal for federal credit unions. The proposal by NCUA, which regulates credit unions across…

Advocates Applaud Senate Bill Fund to Help Millions of Families Keep Their Homes; Urge Inclusion In COVID Stimulus Bill

February 5, 2021

FOR IMMEDIATE RELEASE: FEBRUARY 5, 2021 Housing and Civil Rights Groups Call for Homeowner Assistance Fund to Avoid New Wave of Foreclosures and Devastating Effects for Communities of Color Today, leading housing and civil rights groups applauded Senator Jack Reed’s reintroduction of the Homeowner Assistance Fund bill as Congress and the Biden administration consider the…

Leading Civil Rights Groups Commend President Joe Biden’s Executive Action to Advance Fair Housing and Racial Equity

January 26, 2021

FOR IMMEDIATE RELEASE: January 26, 2021 Washington, D.C. — Today, leading civil rights groups commended President Joe Biden for taking action to advance racial equity for Americans in the first days of his term. The civil rights community asked the Biden-Harris Administration to take this critical step — to name racial justice as a key pillar of…

National Consumer Law Center Statement on the Capitol Siege and Our Commitment to Racial Equity as We Celebrate the Life and Work of Martin Luther King, Jr.

January 15, 2021

January 15, 2021 By Richard Dubois, Executive Director Washington, D.C.- In his iconic speech at the March on Washington for Jobs and Freedom in 1963, the Rev. Dr. Martin Luther King, Jr. urgently appealed to his fellow Americans to make real the promise of democracy. The decades-long campaign by activists for racial justice culminated with…

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