AFR joined a letter to the House of Representatives in support of the Consumer Protection and Recovery Act. The bill would restore the Federal Trade Commission’s authority to provide refunds and equitable relief to victims of consumer fraud and deception, and to stop ongoing misconduct in the marketplace.
AFREF, NCLC, CRL and NHLP sent a letter in support of the Improving FHA Support for Small Dollar Mortgages Act. This bill will increase access to sustainable mortgage lending for homebuyers who are buying homes with sale prices under $100,000.
AFR joined over 100 groups in sending a letter urging the Biden administration to ensure that any zoning reform incentives or requirements actually do the job of opening up exclusionary areas to more economic and racial diversity; do not further the displacement of low-income communities and communities of color, do not result in the loss of affordable housing, and do not further entrench profit-driven commodification of housing. Federal action to eliminate exclusionary zoning has the potential to expand racial and economic justice, but, if not crafted carefully, the effort could be ineffective or even harmful to communities of color.
AFR joined a letter to Congress in support of The Used Car Safety Recall Repair Act.
AFR joined partners to send a letter to Congress urging senators and representatives to ensure that civil rights enforcement is prioritized with increased funding in the FY 2022 appropriations cycle. The letter calls on Congress to double the funding provided to each of the civil rights offices across the federal government so that they are able to adequately respond to complaints of discrimination; proactively ensure compliance with the laws they enforce; provide guidance, regulation, and technical assistance to prevent discrimination; and collect and report data on equal opportunity across all domains of American life.
AFR and 68 organizations sent a letter to Congress in support of the Veterans and Consumers Fair Credit Act, which would extend the Military Lending Act’s 36% interest rate cap on consumer loans to all Americans.
AFREF joined our partners in a letter urging the House to pass the Comprehensive Debt Collection Improvement Act to protect vulnerable consumers from abusive debt collection practices.
The Americans for Financial Reform (AFR) Language Access Task Force and partner organizations sent a letter to the House Financial Services Committee in support for HR 3009, the Improving Language Access in Mortgage Servicing Act of 2021. LEP borrowers face many challenges that impede their full participation in the consumer marketplace, including, specifically, their ability to obtain and preserve ownership of a home. The Improving Language Access in Mortgage Servicing Act will make important strides in improving access to the mortgage market and increasing awareness of the availability of assistance for homeowners who are struggling to keep up with their mortgage payments, which is especially critical during the ongoing COVID-19 pandemic.
Small business advocacy organizations, representing tens of thousands of affiliated small businesses and the interests of the 30 million small businesses in the country, submitted a letter to Congress expressing strong support for Senate Joint Resolution 15, the Congressional Review Act Resolution to repeal the Office of the Comptroller of the Currency’s True Lender Rule.
AFR joined a letter calling on Congress to update the FTC’s enforcement tools under the FTC Act, Section 13(b).