August 10, 2020 The Honorable Mark Calabria Director Federal Housing Finance Agency 400 7th Street, SW Washington, D.C. 20219 Hugh Frater CEO Fannie Mae Midtown Center 1100 15th Street, NW Washington, DC 20005 David Brickman CEO Freddie Mac 1551 Park Run Drive Mclean, VA 22102 Dear Director Calabria, Executives Frater and Brickman: We are writing …
The research, from the National Community Reinvestment Coalition (NCRC), sheds new light on the experience of several groups within the AAPI community that have long accused lenders of predatory practices and discrimination.
By Raising Reporting Thresholds, CFPB Rule Blocks Access to Data That is Critical to Uncovering Housing Discrimination
Local businesses are devastated and state agencies overwhelmed as people stay at home to preserve their health and apply for government assistance to maintain financial solvency. An unexpected side effect of this was a simultaneous increase in consumer complaints filed with the Consumer Finance Protection Bureau (CFPB).
Today, the Consumer Financial Protection Bureau (CFPB) issued a small-dollar loan final rule that will strip away protections that had been the hallmark of the original 2017 rule.
The Consumer Financial Protection Bureau (CFPB) released the 2019 Home Mortgage Disclosure Act (HMDA) data on June 24, 2020, detailing mortgage lending information from nearly all lenders in the United States. HMDA offers details on 9.3 million originations resulting from over 17.5 million applications.
Today, the Supreme Court ruled that the Consumer Financial Protection Bureau’s (CFPB) structure is unconstitutional. The ruling ended what was supposed to be the director’s total independence from the president, by giving the president the authority to fire the director at will.
Same-sex couples paid higher interest rates and closing fees on home loans, a new analysis found.
The Consumer Finance Protection Bureau (CFPB) included a number of new datapoints in the 2018 release of the Home Mortgage Disclosure Act Data (HMDA), which came out in September 2019.
NCRC’s new report, Mortgages and Older Adults After COVID-19, used this new information to highlight trends in homebuying, aging in place and use of home equity.
Your credit reports and scores play an important role in your future financial opportunities. You can use these steps to manage and protect your credit during the COVID-19 (coronavirus) pandemic.
John Taylor, President and Founder of the National Community Reinvestment Coalition, testified today at the Consumer Finance Protection Bureau’s (CFPB) Symposium: Section 1071 of the Dodd-Frank Act.