Mortgage Servicing & Foreclosures Archives

Consumer, Civil Rights, and Housing Groups Call on U.S. Senate to Save Family Homes and Stop Evictions in Next COVID-19 Bill

July 28, 2020

FOR IMMEDIATE RELEASE: JULY 28, 2020 Washington, D.C. – More than 50 consumer, civil rights, community, housing, and other public interest organizations sent a letter today to U.S. Senate leadership urging inclusion of mortgage and rental protections for families in the next COVID-19 legislation. In the letter, the groups, which include Americans for Financial Reform,…

Consumer Advocates to CFPB: Don't Destabilize the Mortgage Market in the Midst of a Pandemic

July 27, 2020

FOR IMMEDIATE RELEASE: JULY 27, 2020 Washington, D.C. – Today, the National Consumer Law Center (NCLC) and 13 other organizations sent a comment letter to the Consumer Financial Protection Bureau (CFPB) urging it not to revamp the rules governing the residential mortgage market—a step that could destabilize the mortgage market in the middle of the…

Leading Civil Rights & Housing Groups Condemn President’s Effort to Gut Fair Housing, Use of Incendiary Racial Rhetoric for Political Gain

July 23, 2020

FOR IMMEDIATE RELEASE: July 23, 2020 Fair housing advocates denounce Trump’s newest effort to eliminate a critical tool to desegregate communities and call on the president to instead concentrate on ensuring housing equity during a pandemic Washington, D.C.- Today, a coalition of civil rights, affordable housing and consumer advocacy organizations condemned the move by the…

Alys Cohen to Testify at U.S. House Hearing on Mortgage Servicers’ Implementation of the CARES Act

July 15, 2020

Full testimony is available at: https://bit.ly/oversight-svcrs-cares Washington, D.C. – On Thursday, July 16 at 12pm ET, National Consumer Law Center attorney Alys Cohen will testify virtually at the U.S. House Financial Services Oversight Subcommittee hearing: Protecting Homeowners During the Pandemic: Oversight of Mortgage Servicers’ Implementation of the CARES Act. Cohen’s testimony will focus on how…

How to Get Help with Your Mortgage During COVID-19

July 9, 2020

FOR IMMEDIATE RELEASE: July 9, 2020 The following organizations have made this important information available in Spanish, Korean, Chinese, Vietnamese, Bangla, and English: AFR Language Access Task Force, Americans for Financial Reform Education Fund, Center for Responsible Lending, Consumer Action, Empire Justice Center, National CAPACD, National Consumer Law Center, National Fair Housing Alliance, and UnidosUS.…

CFPB Proposal Would Encourage Unaffordable Mortgage Lending and Threaten Access to Credit

June 22, 2020

Washington, D.C. – Today, the Consumer Financial Protection Bureau released two proposed rules that together will fundamentally reshape the mortgage market at a time when the market is attempting to adjust to the pandemic and recession and access to credit for communities of color is already constrained. “With the country facing the effects of a…

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