On behalf of the low-income clients and communities we represent, we urge the Bureau to take immediate action to prevent a wave of COVID-19-related foreclosures, likely to be concentrated in low income communities and communities of color. The pandemic continues to harm homeowners, and according to a December 2020 Brookings Institution report, the crisis is worsening for Black and Latinx borrowers.
Read More about Group Letter to CFPB Urging Prevention of Covid Foreclosures
NCLC has previously urged the Bureau to make critical structural reforms to the final debt collection regulations and to take other important actions to protect and assist consumers with alleged debts in collection, both during the COVID crisis and beyond. This letter supplements, and does not replace, those prior recommendations. It focuses on additional important…
A broad coalition of civil rights, consumer, and housing advocates write to highlight the urgent need to include targeted first-generation down payment assistance (DPA) in the Build Back Better Act.
Read More about Group Letter Regarding First Generation Down Payment Assistance
207 organizations write to urge President Joe Biden to put a stop to a crisis in the making by extending the current pause on student loan payments. It is clear that payments should not resume until your administration has fully delivered on the promises you made to student loan borrowers to fix the broken student loan system and cancel federal student debt.