Home » Archive by Category

Protect our Homes and Neighborhoods

Health Care Reform Also Reforms Student Lending
April 1, 2010 – 8:13 am

The Senate passed and the President signed into law a bill which will eliminate the Federal Family Education Loan (FFEL) student lending program.  Instead, all government loans will use the “Direct” lending program.   AFFIL applauds …

Protesters at Bank of America Call for a Freeze on Foreclosures
March 26, 2010 – 8:47 am

Consumer rights activists staged a protest inside the Bank of America building in St. Louis on March 24th.  The protesters, organized as part of the People’s Settlement, called for a freeze on foreclosures and specifically …

New Study: Bankers Dead Wrong About Effects of Bankruptcy Reform
March 25, 2010 – 8:11 am

In 2005, Congress passed the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA).  Consumer advocates strongly opposed this bill, warning that it was designed only to profit credit card companies while harming consumers.  A study …

New Study Finds that Preemption Resulted in More Defaults and Riskier Lending
March 24, 2010 – 10:19 am

A recent study funded by the National State Attorneys  General Program at Columbia Law School found that federal action to exempt national banks from state anti-predatory lending laws resulted in more  defaults and riskier lending …

Former Bank Employee: Banks Give Homeowners the Runaround
March 24, 2010 – 9:58 am

One of many bank employees working with SEIU came forward to uncover predatory banking practices that harm consumers and communities.
The bank executive spoke to ABC News on the condition that ABC News not show his …