Category Archives: AFR in the News

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House members spar over efforts to avert foreclosures

Los Angeles Times – Jim Puzzanghera Consumer advocates and political groups allied with Democrats also called Wednesday for continuing the modification effort and the other programs. “Proposals in the House to cut off help to distressed homeowners and communities amount to punishing families — again

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Civil Rights Groups: Lending Settlement Must Help Struggling Homeowners

Civilrights.org – Tyler Lewis “Restructuring unsustainable home loans is a win-win solution that will help families, help investors, boost the housing market, and create stimulus for the economy as a whole,” said AFR, in a February 17 statement. “Regulators have a tremendous opportunity, and responsibility,

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AFR Statement on OCC’s Obstruction of Foreclosure Solutions

FOR IMMEDIATE RELEASE DATE: February 17, 2011 CONTACT: John Carey at 202-466-1854 John@ourfinancialsecurity.org AFR Statement on OCC’s Obstruction of Foreclosure Solutions Washington, DC – Americans for Financial Reform, a coalition of more than 250 national and state organizations working together for strong financial reform, issued

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Consumer advocates: We need a nominee for CFPB head soon

Tobie Stanger, Consumer Reports January 21, 2011   President Obama needs to nominate someone for the Consumer Financial Protection Bureau soon in order for the new agency to be up and fully functional by its planned July 21 launch six months from now, consumer advocates

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Consumer Advocates Want Obama to Name Watchdog Agency Chief

Consumer Advocates Want Obama to Name Watchdog Agency Chief By Ben Protess/NY Times Dealbook January 21, 2011 Six months after Congress created the Consumer Financial Protection Bureau, top consumer advocates praised the “significant progress” made by the watchdog bureau, while calling on President Obama to

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CFTC Should Resist Lobbying on Speculation Limits, Chilton Says

CFTC Should Resist Lobbying on Speculation Limits, Chilton Says Silla Brush (Bloomberg) December 14, 2010 — Regulators should resist lobbying pressure aimed at getting them to set rules while putting off the date when they take effect, Chilton said today in speech prepared for a

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Interim Plan for Warren Raises Even Supporters’ Eyebrows

Interim Plan for Warren Raises Even Supporters’ Eyebrows Sewell Chan (New York Times) September 17, 2010 “But Lisa Donner, executive director of Americans for Financial Reform, a coalition of consumer, labor and civil rights groups that pushed for the financial legislation, stayed silent on the

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Elizabeth Warren in the News

Elizabeth Warren’s Presidential appointment to help set up and manage the Consumer Financial Protection Agency has been widely covered in the news, including in the articles below.   The final two articles here includes quotes from representatives of Americans for Financial Reform. Warren:  A Huge Win