Articles tagged with: mortgage lending
Below, read a summary of the Dodd-Frank law from AFR member Consumer Action.
The landmark federal financial reform legislation (the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010) was designed to strengthen consumer protection …
The Center for Responsible Lending has produced a comprehensive bill summary of Title X of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which focuses on the Consumer Financial Protection Bureau.
Click here for a …
Full implementation of the Dodd/Frank financial reform bill will create a dramatically fairer mortgage market
Washington, DC – Until now it has been standard practice for many brokers and lenders to get kickbacks for putting …
The Honorable Christopher Dodd
Chairman
Senate Committee on Banking, Housing and Urban Affairs
Washington, DC 20510
The Honorable Barney Frank
Chairman
House Committee on Financial Services
Washington, DC 20515
RE: Mortgage and Foreclosure Issues in Financial Reform Conference
Dear Chairman Dodd and Chairman Frank:
Thank …
A recent editorial in the New York Times talked about new steps that President Obama has authorized to deal with the needs of homeowners dealing with foreclosures, especially unemployed homeowners and those with underwater mortgages. …
The California Reinvestment Coalition released this report (PDF) about subprime lending to communities of color in California. Here are their key findings:
Lenders saturated California neighborhoods with high-cost and predatory loans:
In 2006, in each city, lenders …