Category Archives: In the News

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Atlanta Business Chronicle: BofA under fire from SEIU, consumer groups

Atlanta Business Chronicle – by Mark Calvey Bank of America was defending itself Tuesday against criticism over its sales and collection practices. The criticism comes from the Service Employees International Union, which is trying to organize the bank’s workforce, along with the National Association of

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Washington Post: The Case for a Consumer Protection Agency

This guest post is from Ellen Harnick from the Center for Responsible Lending. Over the past decade, federal bank regulators looked the other way as responsible loans were crowded out of the market by aggressively marketed financial products carrying hidden costs and fees. Tricky products,