Letters to Regulators: Letter Urging the FDIC to Stop Permitting its Supervised Institutions to Front for Predatory Lenders Evading State Interest Rate Limits 

AFREF and 14 allies sent a letter urging the FDIC to stop permitting its supervised institutions to front for predatory lenders evading state interest rate limits. The post Letters to Regulators: Letter Urging the FDIC to Stop Permitting its Supervised Institutions to Front for Predatory Lenders Evading State Interest Rate Limits  appeared first on Americans […]

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Letters to Regulators: Letters to Agencies on Pausing Foreclosures When There is a HAF Application in Progress

AFREF joined two letters, one to the CFPB and one to HUD, FHFA, VA and USDA, both calling on the agencies to halt foreclosure for 60 days when a homeowner has submitted an application for HAF funds and the servicer has been notified by the HAF administrator. The post Letters to Regulators: Letters to Agencies on […]

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Letters to Regulators: AFREF Comment on CFPB Proposal to Collect Small Business Lending Data to Enforce Fair Lending Laws

AFREF submitted a comment on the CFPB’s proposal to collect small business lending data to enforce fair lending laws. The post Letters to Regulators: AFREF Comment on CFPB Proposal to Collect Small Business Lending Data to Enforce Fair Lending Laws appeared first on Americans for Financial Reform.

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Letters to Regulators: Comment Letter in Response to CFPB’s Inquiry into Big Tech Payment Platforms

AFREF joined a letter to the CFPB in response to their inquiry into Big Tech payment platforms. The letter urges the CFPB to require person-to-person payment providers to protect consumers from fraud and errors, and to work with the Federal Reserve Board to ensure protections are in place before the Fed launches its new FedNow […]

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Letters to Regulators: Letter Urging the CFPB to Provide Much Needed Oversight for Fintech Credit Products

View or download a PDF of the letter here. AFREF joined a letter urging the CFPB to carefully examine fintech credit products and fee models that are evading consumer protection laws and creating debt traps for consumers. The letter states that the CFPB should supervise The post Letters to Regulators: Letter Urging the CFPB to […]

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Letters to Regulators: Second Comment Letter in Response to CFPB’s Inquiry into Big Tech Payment Platforms

AFREF, American Economic Liberties Project and Revolving Door Project sent a letter to the CFPB in response to their inquiry into Big Tech payment platforms. The letter expresses concern about Big Tech exploitation of digital payments technology, and expresses support for their recently opened inquiry into Big Tech’s power in this vital and growing market. The post […]

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Letters to Regulators: Letter to CFPB Director Rohit Chopra on the Need for Pre-Foreclosure Protections in 2022

AFREF joined a letter to CFPB Director Rohit Chopra urging for pre-foreclosure protections in 2022 due to the on-going Covid-19 pandemic. The post Letters to Regulators: Letter to CFPB Director Rohit Chopra on the Need for Pre-Foreclosure Protections in 2022 appeared first on Americans for Financial Reform.

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Letters to Regulators: Letter to CFPB Expressing Concerns About the Treatment of Earned Wage Access Products

AFREF joined a letter to CFPB Director Rohit Chopra expressing concerns about the treatment of earned wage access products. The post Letters to Regulators: Letter to CFPB Expressing Concerns About the Treatment of Earned Wage Access Products appeared first on Americans for Financial Reform.

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