Letter re: 83 Fed. Reg. 64,459 (Dec. 17, 2018), RIN 2900‐AQ42, Interim Rulemaking Loan Guaranty: Revisions to VA‐Guaranteed or Insured Cash‐out Home Refinance Loans.
The undersigned consumer and advocacy groups submit these comments in response to the Federal Trade Commission’s (FTC) Notice of Proposed Rulemaking (NPRM) regarding free electronic credit monitoring services for active duty military consumers, as required by Section 605A(k) of the Fair Credit Reporting Act (FCRA), 15 U.S.C. 1681c-1(k)
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On behalf of the clients and communities we represent, we urge HUD, VA, and USDA to extend the September 30, 2021 deadline for borrowers to start forbearance plans due to COVID-19 hardships.
Group comments to the National Council for State Authorization Reciprocity Agreements urging policy revisions for Spring 2021
Comments of the National Consumer Law Center on behalf of its low income clients and National Fair Housing Alliance regarding Revisions to VA-Guaranteed or Insured Cash-Out Home Refinance Loans.
Comments regarding the Department of Education’s interim final regulations for the automatic discharge of federal student loans for disabled veterans.
On behalf of our low-income clients, the National Consumer Law Center expressed serious concerns with the Department of Veterans Affairs’ proposed COVID-19 Veterans Assistance Partial Claim Payment program (COVID-VAPCP). VA-guaranteed borrowers who have recovered from COVID-19 hardships and can resume their pre-hardship payment need access to affordable plans that will bring their loans current and…
Coalition Letter to the Committee on Banking, Housing, and Urban Affairs re: Support for Veterans and Consumers Fair Credit Act
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May 25, 2022 Military servicemembers, veterans, and their families report outrageously high interest rates and deceptive lending practices WASHINGTON – The predatory lending practices of EasyPay Finance and Utah-based, FDIC-supervised Transportation Alliance Bank (TAB Bank) are hurting military servicemembers, veterans, and their families, according to a new report from a coalition of consumer advocacy groups…
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Administration Removes Barriers to Cancelation of VA Medical Debt WASHINGTON – In tonight’s State of the Union Address, President Biden may speak on today’s announcement that the Veterans’ Administration (VA) will simplify the process for claiming medical debt forgiveness for veterans. Advocates at the National Consumer Law Center (NCLC) issued the following statements: “Administrative mazes…
February 2, 2022 Rule establishes new minimum requirements for reporting medical debt and debt resulting from overpayment of benefits WASHINGTON – In response to today’s announcement by the Department of Veterans Affairs (VA) that it has published a final rule in the Federal Register amending procedures for reporting debt to consumer reporting agencies, advocates at…
For Immediate Release: May 5, 2021 Washington, DC – Advocates welcomed reports that Treasury Secretary Janet Yellen plans to appoint a new acting head of the Office of the Comptroller of the Currency (OCC), replacing Blake Paulson, in light of the highly deceptive and false claims that the agency, under Paulson’s leadership, put forward as…