Faulty credit ratings played a key role in our nation’s financial meltdown, and now we have chance to ensure that that doesn’t happen again. The Dodd-Frank Wall Street Reform and Consumer Protection Act created the Office of Credit Ratings to improve regulatory oversight on this
David A. Stawick, Secretary U.S. Commodity Futures Trading Commission Three Lafayette Centre 1155 21st Street, N.W. Washington, D.C. 20581 Elizabeth M. Murphy, Secretary U.S. Securities and Exchange Commission 100 F Street, N.E. Washington, D.C. 20549 Re: Interpretation of the Definition of “Commercial Risk” Dear Mr.
November 5, 2010 Hon. Timothy Geithner, Chairman Mr. Edward DeMarco, Acting Director Financial Stability Oversight Council Federal Housing Finance Agency and Secretary of the Treasury 1700 G Street, NW, 4th Floor 1500 Pennsylvania, Avenue, NW Washington, DC 20552 Washington, DC 20520 Hon. Ben Bernanke,
Americans for Financial Reform (AFR) November 3, 2010 Hon. Timothy Geithner, Chairman Mr. Edward DeMarco, Acting Director Financial Stability Oversight Council Federal Housing Finance Agency and Secretary of the Treasury 1700 G Street, NW, 4th Floor 1500 Pennsylvania, Avenue, NW Washington, DC 20552 Washington, DC
October 18, 2010 To the Multistate Group Engaged in Inquiries of Mortgage Servicer Improprieties: The undersigned organizations, some of whom are a part of the Americans for Financial Reform coalition and others who are legal aid or community housing programs, commend your efforts to investigate
FOR IMMEDIATE RELEASE DATE: October 15, 2010 CONTACT: Maureen Thompson (703) 276-3251 mthompson@hastingsgroup.com AFR Statement on the Foreclosure Crisis Washington, DC – Americans for Financial Reform, an unprecedented coalition of more than 250 national and state organizations working together for strong financial reform, issued the
Cook County Sheriff Tom Dart announced this morning that he will not go through with mortgage foreclosure evictions by banks that have admitted to “questionable” foreclosure practices: JPMorgan Chase, Bank of America and GMAC/Ally Financial. Sheriff Dart said that he will halt 1,300 foreclosure evictions
PRESS RELEASE For Immediate Release: October 5th, 2010 For More Information call: Peter Kuhns (213) 272-1141 Homeowners Denounce Foreclosure Fraud & Call for Moratorium on All Foreclosures Urge Fellow Homeowners to Resist Evictions Until Banks Prove they Are Complying with All Relevant Foreclosure Laws On
October 8, 2010 Consumers Union Joins Call for Nationwide Moratorium on Home Foreclosures Lenders and Servicers Should Be Required to Obtain Regulatory Certification of Compliance, After a Full Audit, with All Laws & Regulations Governing Foreclosures and Modifications WASHINGTON, D.C. — Consumers Union, the nonprofit
FOR IMMEDIATE RELEASE Contacts: Scott Simpson LCCHR 202-466-2061 Deidre Swesnik NFHA 202-898-1661 Christopher Fleming NAACP 202-463-2940 Graciela Aponte NCLR 202-776-1578 Kathleen Day CRL 202-349-1871 NATIONAL CIVIL RIGHTS GROUPS RENEW CALL FOR IMMEDIATE MORATORIUM ON ALL HOME FORECLOSURES WASHINGTON, DC – October 7, 2010 – National