Letters to Regulators: AFREF Letter to the Department of Education on Upcoming Negotiated Rulemaking

AFREF sent a letter to the Department of Education calling for several topics to protect borrowers in the upcoming negotiated rulemaking, and also urging the Department to administratively cancel student debt. The post Letters to Regulators: AFREF Letter to the Department of Education on Upcoming Negotiated Rulemaking appeared first on Americans for Financial Reform.

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Letters to Regulators: Letter to the Department of Education on Topics for Upcoming Negotiated Rulemaking

AFREF joined a letter urging the Department of Education to include several topics that would protect borrowers in the upcoming negotiated rulemaking. The post Letters to Regulators: Letter to the Department of Education on Topics for Upcoming Negotiated Rulemaking appeared first on Americans for Financial Reform.

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Letters to Regulators: Letter Urging HUD to Provide 12 Months Forbearance to FHA-Insured Borrowers

AFREF joined a letter urging HUD to provide 12 months forbearance to FHA-insured borrowers who start their forbearance plans after July 1, 2021. The post Letters to Regulators: Letter Urging HUD to Provide 12 Months Forbearance to FHA-Insured Borrowers appeared first on Americans for Financial Reform.

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Letters to Regulators: Letter Urging Financial Regulators to Consider Fair Lending Risks in Use of Artificial Intelligence

AFREF and 22 organizations submitted comments in response to the regulators’ Request for Information and Comment on Financial Institutions’ Use of Artificial Intelligence, including Machine Learning, urging the financial regulators to consider fair lending risks of using artificial intelligence and machine learning and enact safeguards to prevent disproportionate adverse impacts from the use of AI/ML […]

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Letters to Congress: Letter in Support of the Improving FHA Support for Small Dollar Mortgages Act

AFREF, NCLC, CRL and NHLP sent a letter in support of the Improving FHA Support for Small Dollar Mortgages Act. This bill will increase access to sustainable mortgage lending for homebuyers who are buying homes with sale prices under $100,000. The post Letters to Congress: Letter in Support of the Improving FHA Support for Small […]

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Letters to Regulators: Letter Urging HUD to Extend the Foreclosure Moratorium and Deadline to Request Forbearance for FHA Borrowers

AFREF and 154 organizations sent a letter urging HUD to extend the foreclosure moratorium and deadline to request forbearance for FHA borrowers to give them the best opportunity to sustain homeownership beyond the pandemic. The post Letters to Regulators: Letter Urging HUD to Extend the Foreclosure Moratorium and Deadline to Request Forbearance for FHA Borrowers […]

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Letters to Regulators: Letter Asking for Restored Supervisory and Enforcement Tools in Mortgage Servicing Rules

AFREF, NCLC, NFHA and NHLP sent a letter to the CFPB, FRB, FDIC, OCC, NCUA and CSBS asking the agencies to update the April 3, 2020 Joint Statement on Supervisory and Enforcement Practices Regarding the Mortgage Servicing Rules in Response to the COVID-19 Emergency and the CARES Act to restore key supervisory and enforcement tools […]

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Letters to Regulators: Sign-on letter from Consumer Federation of America to the SEC on Repairing Corporate America’s Broken Reporting Infrastructure

AFREF, alongside 34 other organizations, joined a letter The Consumer Federation of America (CFA) submitted on June 7th to the Securities and Exchange Commission (SEC) raising concerns about the dire state of financial reporting in Corporate America.  The post Letters to Regulators: Sign-on letter from Consumer Federation of America to the SEC on Repairing Corporate […]

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Letters to Regulators: Letter to CFPB on Urging In-Language Outreach to LEP Consumers Facing COVID-19 Hardship and Expansion of Language Access in Mortgage Origination and Servicing

View or download pdf. August 24, 2020   Director Kathleen Kraninger Consumer Financial Protection Bureau 1700 G Street, N.W. Washington, DC 20552   Re:      Language Access Roundtable Discussion   Dear Director Kraninger:   Thank you for inviting us to participate in the Bureau’s July 29 roundtable discussion of issues facing limited English proficient (LEP) […]

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