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Article Archive for March 2010

American Bankers Association – How Wrong Can They Be?
March 17, 2010 – 9:04 am

For Immediate Release
March 17, 2010

ABA’s Account: The subprime mortgage market collapse does “not warrant a fundamental overhaul of the basic regulatory structure. Banking regulators… have since responded in a coordinated and measured way to …

National People’s Action, Senator Durbin Release Devastating Chicago Foreclosure Report
March 16, 2010 – 9:41 am
National People’s Action, Senator Durbin Release Devastating Chicago Foreclosure Report

National People’s Action released the 2009 Chicago Foreclosure report with Senator Durbin yesterday. The report, written by NPA Research Analyst Nick Bianchi, shows that 2009 was the worst year ever for foreclosures in Chicago, …

The “Restoring American Financial Stability Act of 2010″
March 15, 2010 – 2:09 pm
The “Restoring American Financial Stability Act of 2010″

Washington, DC – Americans for Financial Reform, a coalition of over 200 groups, released the following statement today on Chairman Dodd’s financial reform legislation:
Heather Booth, Executive Director, Americans for Financial Reform: “We applaud Chairman Dodd …

Leading Financial Reform Campaign To Respond To Dodd Proposal On 5pm Press Call
March 15, 2010 – 12:14 pm

At 5pm today, Americans for Financial Reform, a coalition of more than 250 groups fighting for strong financial reform, will hold a press call in response to Chairman Dodd’s financial reform proposal.
On the call will …

Huffington Post: The Two Rules of Real Financial Reform
March 15, 2010 – 9:18 am

Fight Club fans take note!  AFR Executive Director Heather Booth wrote up the rules of real financial reform for the Huffington Post.  Here are first few:
The first rule of real financial reform is that you …

CFPA and Nonbanks: A Snapshot
March 12, 2010 – 4:16 pm

Our friends at the National Consumer Law Center have put together a great two-page report on the dire need for federal regulation of non-bank lenders.  The report focuses on the problems created by the current …