Joint Letter: Letter to FHA Urging Greater COVID-19 Protections for Borrowers
Coalition letter to FHA on clarifying and improving protections for borrowers facing hardship related to covid-19.
Category Archives: Education Fund
Letter to Regulators: The Fed must reject any effort by banks to increase involvement in oil and gas
Americans for Financial Reform Education Fund sent a letter to the Federal Reserve Board, urging them to avoid any actions which would permit the financial holding companies or any of their subsidiaries to directly or indirectly operate oil or gas companies. The letter highlights the manifold physical, economic, reputational and financial system risks of bank commodity holdings, risks have become even more severe with the recent dislocation in global energy markets. As these markets will be disrupted for an extended period, the letter asks the Board to firmly reject any effort by banks to use the situation with respect to defaulting loans in the energy industry to increase bank involvement in the oil and gas industry.
FACT SHEETS AND REPORTS: Big Banks Should Not Be Permitted to Pay Dividends in the Current Crisis
At the peak of the coronavirus pandemic, big banks will be paying some $13 billion in shareholder dividends. If this level of dividends continues for the rest of 2020, big banks could be permitted to pay out over $50 billion in dividends for 2020.
Joint Letter: Letter to HUD asking for COVID-19 protections for reverse mortgage borrowers
Letter to HUD asking for needed protections for reverse mortgage borrowers facing challenges due to COVID-19
Joint Letter: 47 Organizations Urge Regulatory Agencies to Suspend All Non-Coronavirus Related Rulemaking Until National Emergency is Over
AFR Education Fund and 46 other organizations sent a letter to regulatory agencies urging them to suspend all non-COVID-19 rulemaking activity. Public advocates and regulatory agencies should focus all resources on responding to the public health emergency and the economic crisis.
Joint Letter: Letter to Regulatory Agencies Requesting Extension of Public Comment Periods
AFR Education Fund and 46 other organizations sent a letter to regulatory agencies requesting extensions of all public comment periods during the COVID-19 emergency.
Policy Recommendations: AFR Education Fund Financial Policy Responses to the COVID-19 Pandemic
The COVID-19 pandemic requires an aggressive economic response that creates the best possible conditions to preserve public health and helps individuals, families, and communities weather the disruptions that efforts to contain the pandemic require.
Joint Letter: Letter to OMB on Regulatory Enforcement
Coalition letter responding to OMB RFI on the important role of current regulatory enforcement processes
Joint Letter: FHFA RFI on PACE Loans
AFREF and partners sent a letter to FHFA on how FHFA should approach PACE loans.
Joint Letter: Letter to HUD Opposing Changes to AFFH Rule
Coalition letter to HUD opposing changes to AFFH rule.