Poll Shows Bipartisan Public Support for Increased Protection of Home Owners
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Press Release: Poll Displays Bipartisan Public Support for Increased Protection of Home Owners
AMERICANS FOR FINANCIAL REFORM ISSUES NEW SURVEY SHOWING PUBLIC SUPPORT FOR REQUIRING LENDERS TO DO MORE TO HELP BORROWERS STAY IN HOMES Majority of Voters Believe Elected Officials Should Be Tougher On Banks And Mortgage Lenders. WASHINGTON, D.C.///November 16, 2010///Americans for Financial Reform (AFR) today
Letter Requesting Withdrawal of Rescission Rule
November 16, 2010 Board of Governors of the Federal Reserve System 20th Street and Constitution Avenue, N.W. Washington, D.C. 20551 Re: Withdrawal Request for the Proposed Truth-in-Lending Mortgage Regulations (FRB Docket No. R-1390) Dear Board of Governors: This letter is from individual attorneys who regularly
What We Need in the Director of the Office of Credit Ratings
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
AFR Opposes Big Bank Calls for Loopholes in Derivatives Regulation
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.
AFR Letter on Non-Bank Designation
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,
AFR Letter on the Volcker Rule
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
Letter to Attorneys General on Servicing and Foreclosure Abuses
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
AFR Statement on the Foreclosure Crisis
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
Illinois Sheriff Halts Foreclosure Evictions
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