Monthly Archives: August 2012

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AFR Press Statement: CFPB Stands Firm on Protections for Millions Sending Money to Family and Friends Overseas

FOR IMMEDIATE RELEASE                                     CONTACT:  Jim Lardner at 202-466-1854                      Jim@ourfinancialsecurity.org           The Consumer Financial Protection Bureau has moved forward with important protections for consumers who send money to relatives and friends overseas. Under the terms

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AFR Letter: Oppose H.R. 2446

AFR sent a letter to members of Congress urging them to oppose H.R. 2446. This legislation will exempt payments related to homeowner warranties (also known as home service contracts) from the Real Estate Settlement Procedure Act’s ban on kickbacks and referral fees. We believe exempting payments related to these products from the ban on kickbacks and referral fees would be harmful to consumers.