AFREF submitted a comment letter supporting the National Consumer Law Center’s petition urging the Consumer Financial Protection Bureau to define residential real estate leases as “credit” and landlords as “creditors” under the Equal Credit Opportunity Act. This petition for rulemaking addresses important components of the ongoing legacy of structural racism in credit and residential housing for people of color seeking rental leases to shelter their families and build a foundation for economic stability.
The post Letters to the Regulators: Letter in Support of Urging Rulemaking for Tenant Protections Under the Equal Credit Opportunity Act appeared first on Americans for Financial Reform.