The proposed CRA rules would substantially undermine the very purpose of the statute by weakening the requirements that banks meet the credit needs of the communities where they operate, including low- and moderate-income (LMI) areas.
Letter to HUD asking for needed protections for reverse mortgage borrowers facing challenges due to COVID-19
Americans for Financial Reform and 62 other organizations sent a letter to members of Congress asking them to implement broad-based, efficient, and effective relief for millions of people and small businesses in the U.S.
Coalition letter responding to OMB RFI on the important role of current regulatory enforcement processes