Letters to Regulators: Letter to Treasury on HAF Implementation
AFREF joined a letter to Treasury urging them to ensure accessibility, transparency, and accountability in the Homeowner Assistance Fund (HAF) program.
Category Archives: Education Fund
News Release: Companies Backed by Giant Private Equity Firms Received $5.3bn in COVID-19 Stimulus Funds
Hundreds of companies owned or backed by some of the most well financed private equity firms in the US secured an estimated $5.3 billion in public funds under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), reveals a new investigation published today.
Report: Public Money For Private Equity: Pandemic Relief Went To Companies Backed By Private Equity Titans
This study estimates that at least $5.3 billion in CARES Act money went to 611 portfolio companies owned or backed by private equity firms that held $908 billion in cash reserves.
Letters to Regulators: Letter to ED on Preemption Interpretation
AFREF joined a letter to the Education Department (ED) in response to their interpretation on federal and joint federal-state regulation and oversight of ED’s federal student loan programs and federal student loan servicers.
Letters to Regulators: Letter to NIST on Proposal for Identifying and Managing Bias within Artificial Intelligence
AFREF joined a letter to the National Institute of Standards and Technology (NIST) in response to their request for comment on their Proposal for Identifying and Managing Bias within Artificial Intelligence.
Letters to Regulators: Letter to FRB in Support of FedNow and Urging Consumer Protections
AFREF and 6 organizations sent a letter to the Federal Reserve Board expressing support for the development of the FedNow Service, the FRB’s real time payments system, and urging the Fed to build sufficient consumer protections into the system so that consumers and small businesses can safely use the system.
Letters to Regulators: Letter to FRB Urging Consumer Protections in FedNow
AFREF joined our colleagues in sending a letter to the Federal Reserve urging the inclusion of essential consumer protections in the rules and design of the FedNow service, the Federal Reserve’s real time payment system.
Letters to Regulators: Letter to FHFA in Response to Request for Comment on Policy Statement on Fair Lending
AFREF joined several other civil rights, consumer advocacy and housing organizations in sending a letter a comment letter to the Federal Housing Finance Agency (“FHFA”) in response to their request for comment on their Policy Statement on Fair Lending (“Policy Statement”). The letter emphasizes that FHFA’s fair lending oversight of Fannie Mae and Freddie Mac must ensure access to mortgage credit on fair terms for all creditworthy borrowers, regardless of their race, gender, national origin, disability, familial status, or other protected characteristics, which is essential to closing the homeownership and wealth gaps created by exclusionary federal housing policies and ongoing discrimination in the housing marketplace.
Letters to Regulators: Letter to FHFA Urging the GSEs to Amend the COVID-19 Payment Deferral and Flex Modification to Allow Deferral and Capitalization of Escrow Shortages
AFREF joined a letter to FHFA urging the Government Sponsored Enterprises (GSEs) to amend the COVID-19 payment deferral and Flex Modification for COVID-19 impacted borrowers to allow deferral and capitalization of escrow shortages.
Letters to Regulators: Letter to ED Recommending Protocols for Upcoming Negotiated Rulemaking
AFREF joined a letter to the Education Department recommending protocols for the upcoming negotiated rulemaking.