Public Interest Groups Urge Extension of HAMP
AFR joined more than 30 national, state, and local public interest groups in urging Treasury Secretary Lew to extend HAMP.
Fair Housing Letter to Mortgage Settlement Administrator
March 27, 2013 Joseph A. Smith Office of Mortgage Settlement Oversight 301 Fayetteville St., Suite 1801 Raleigh, NC 27601 Members of the Monitoring Committee Via electronic mail Dear Mr. Smith and Members of the Monitoring Committee: We write to follow up on your interim report
Public Interest Groups Oppose HR 797
AFR signed onto a letter to members of Congress opposing HR 797. This legislation would weaken accountability for financial advice to municipalities, harms communities, and is unnecessary given the exemptions that already exist in the law and the authority of the SEC to address any outstanding issues.
AFR in the News: Pressing the Case for Derivatives Reform
The Agriculture Committee’s bills would “enable public bailouts of swaps dealers, weaken the ability of regulators to control derivatives trading in overseas subsidiaries of Wall Street banks and establish a blanket exemption for derivatives transactions among the thousands of subsidiaries of global banks.”
AFR Letter and Talking Points on Senate Financial-Regulation Measures
AFR sent materials to the hill regarding various Senate resolutions and their impact on financial regulation.
AFR in the News: Fledgling Consumer Bureau Branches Out
Under huge pressure and intense scrutiny, the CFPB’s “execution has been pretty darned good,” says AFR ‘s Lisa Donner..
AFR in the News: The Dangers of Chicago’s “Transidebit” Card
Combing through a 1000-page contract, the Tribune found “some eye-opening fees.” Such as $2.95 for “reloading your account online using a credit card.”
17,000 Call for No Offshore End-Run Around Derivatives Reform
Public Citizen and Americans for Financial Reform today delivered petitions signed by more than 17,000 people calling on the CFTC to stand firm in applying derivative standards to all the dealings of U.S. banks and their overseas subsidiaries.
AFR Statement on House Swaps Bills
“Last week’s Senate report on JPMorgan Chase’s ‘London Whale’ trades should have redoubled Washington’s resolve to carry out the basic derivatives safety measures of Dodd-Frank. But too many members of the House Agriculture Committee seem to have their heads buried in the sand.”
Fair Housing Letter to Mortgage Settlement Monitor
March 27, 2013 Joseph A. Smith Office of Mortgage Settlement Oversight 301 Fayetteville St., Suite 1801 Raleigh, NC 27601 Members of the Monitoring Committee Via electronic mail Dear Mr. Smith and Members of the Monitoring Committee: We write to follow up on your interim report