AFREF submitted a comment to the Securities and Exchange Commission (SEC) on December 27th supporting its proposals that would centrally clear the $27 trillion U.S. Treasury market, one of the largest and most systemically important markets in the world.  Shockingly, despite the Treasury market’s importance, no one regulator has complete visibility into this market and […]

AFREF joined partners in submitting comments to the Federal Insurance Office in support of their proposed “Climate-Related Financial Risk Data Collection” from insurers. AFREF supports this data collection because the increasingly prevalent and severe weather hazards caused by climate change pose a massive threat to the housing stability, affordability, and safety of Americans nationwide. Purchasing […]

AFREF joined partners in submitting comments to the CFPB in response to their initiative to enhance public data on auto lending. The post Letters to Regulators: Comments to the CFPB on Enhancing Public Data on Auto Lending appeared first on Americans for Financial Reform.

AFREF joined the National Fair Housing Alliance and local, state, and national organizations to submit comments in response to HUD’s “Request for Information Regarding Small Mortgage Lending.” Our comments focus on the importance of residential small-dollar lending (SDL), which is essential to building wealth and family opportunity for communities of color and low- and moderate-income […]

AFREF joined a letter calling on FHA to strengthen language access for borrowers with limited English proficiency.  The post Letters to Regulators: Letter to FHA on Language Access appeared first on Americans for Financial Reform.

AFREF led thirteen partners in submitting a comment letter in response to a Department of Commerce request for information on the implementation of the CHIPS incentives program.  The letter describes how stock buybacks and outsized executive compensation packages undermine innovation and inclusive economic growth, and details the semiconductor industry’s track record of massive spending on […]

AFREF sent comments calling on the Federal Home Loan Banks to substantially increase funding for the Affordable Housing Program, and enact executive compensation reform if the banking system is going to continue to benefit from significant public subsidies. The post Letters to Regulators: Comment Letter on the Federal Home Loan Bank System appeared first on […]

AFREF joined experts in the field in submitting comments calling on the FHFA Office of Financial Technology to ensure that new applications of fintech to housing finance do not violate consumer protections or fair housing violations. Specific recommendations are made to avoid algorithmic bias and e-signature fraud, along with a general principle of caution when […]

AFREF joined a letter calling on HUD to increase the affordability of FHA insurance mortgages by lowering the FHA Mortgage Insurance Premium by 25 to 35 basis points and ending the life of loan requirement on the FHA Mortgage Insurance Premiums. The post Letters to Regulators: Letter Calling on HUD to Increase Affordability of FHA […]