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Articles tagged with: Foreclosure

Joint Letter: Letter to FHA urging stay on foreclosures during government shutdown
January 23, 2019 – 10:27 am

Letter to FHA urging stay on foreclosures during government shutdown

Joint Letter: Letter to the USDA urging for a stop the foreclosures during the government shutdown
January 17, 2019 – 10:20 am

Advocate etter to USDA urging stop to foreclosures during government shutdown

News Release: Wells Fargo Must Compensate Wrongfully Evicted Homeowners
November 6, 2018 – 3:19 pm

Wells Fargo must complete a comprehensive review that identifies every single homeowner affected by this problem, and must adequately compensate them for the serious harm they have suffered as a result of losing their homes to wrongful foreclosure or paying for a more expensive modification.

Letter to Regulator: AFR, 86 organizations call for FHFA to make mortgages more accessible to people with limited English proficiency
August 1, 2017 – 4:01 pm

“As dominant actors in the mortgage industry with a statutory duty to facilitate underserved communities’ access to homeownership, we welcome the FHFA, Freddie Mac, and Fannie Mae’s consideration of steps to expand access to the mortgage market.”

AFR in the News: Maine robo-signing scandal resurfaces with Treasury nomination (Portland Press-Herald)
February 6, 2017 – 1:13 pm

“‘Steve Mnuchin said his bank did not robo-sign. Now we have yet another round of evidence that it did,” said Lisa Donner, executive director of Americans for Financial Reform. ‘The public deserves clear answers, and all senators should be demanding them. We do not need, and they should not support, a Treasury Secretary who thinks the rules do not apply to himself or to his partners on Wall Street.’”

AFR Statement: We Need Straight Answers from Treasury Nominee
January 31, 2017 – 11:36 am

“Mnuchin’s failure to answer questions from committee members fully and honestly is one more example of an all too familiar Wall Street pattern: that rules are for little people. That is not an acceptable approach for a Treasury Secretary. Demanding answers before this nomination is rammed through is exactly the right thing to do.”

AFR Statement: CFPB Merits Praise for Laying out “Principles for the Future of Loss Mitigation”
August 2, 2016 – 5:34 pm

“AFR hopes that other agencies and private investors recognize the CFPB’s thoughtful recommendations and that the CFPB will remain an active participant in this important conversation.”

AFR in the News: The Billionaire Banker in The Shadows (Forbes)
March 4, 2016 – 6:44 pm

“In a stroke of brilliant financial maneuvering Lone Star bundled some of the mortgages into bonds and sold them to investors, immediately booking large profits… ‘Lone Star has bought these loans at a discount from the government–-in effect, they got principal reduction. But they are not passing this benefit on to homeowners or communities,’ says Lisa Donner, executive director of Americans for Financial Reform.