Letters to Regulators: Comment Letter in Response to CFPB’s Request for Comment on HMDA Data
AFREF joined a letter in response to the CFPB’s request for comment on Home Mortgage Disclosure Act (HMDA) data.
Letters to Regulators: Letters to Agencies on Pausing Foreclosures When There is a HAF Application in Progress
AFREF joined two letters, one to the CFPB and one to HUD, FHFA, VA and USDA, both calling on the agencies to halt foreclosure for 60 days when a homeowner has submitted an application for HAF funds and the servicer has been notified by the HAF administrator.
Letters to Regulators: Letter Calling on the SEC to Rescind the 2010 Ford Motor Credit No-Action Letter
AFREF led a letter calling on the SEC’s Division of Corporation Finance to rescind the 2010 Ford Motor Credit no-action letter that exempts Credit Rating Agencies from legal liability.
Letters to Regulators: Letter in Response to Request for Comment on Accrediting Agencies up for Review In February 2023
AFREF joined a letter in response to the Department of Education’s request for comment on accrediting agencies up for review in February 2023.
News Release: Statement on Federal Reserve Nominees
The nomination of the highly qualified Sarah Bloom Raskin, Lisa Cook, and Philip Jefferson to the Fed is a very welcome step forward towards a better-regulated Wall Street. The Fed needs to steer a new course that begins with a reversal of the deregulation of the Trump era. This work must continue with pro-active regulation and supervision of Wall Street.
Letters to Congress: Letter in Support of Sandra Thompson’s Nomination to Serve as Director of FHFA
AFR joined a letter to Congress in support of Sandra Thompson’s nomination to be director of FHFA.
Letters to Regulators: Letter Calling on FHFA to Rededicate Itself to Language Access
AFREF joined a letter to FHFA calling on the agency to rededicate itself to improving language access in mortgage origination and servicing.
Letters to Regulators: Comment Letter in Response to the SEC’s Proposed Rule Related to Expanding the Disclosures Around Securities Lending
AFREF submitted a comment letter to the Securities and Exchange Commission supporting several changes to Rule 10c-1 of the Securities Exchange Act of 1934 that would provide investors and regulators with significantly more information into the currently opaque $1.5 trillion securities lending market.
Letters to Regulators: AFREF Comment on CFPB Proposal to Collect Small Business Lending Data to Enforce Fair Lending Laws
AFREF submitted a comment on the CFPB’s proposal to collect small business lending data to enforce fair lending laws.
In The News: Wall Street Braces for More Rules With Trump-Era FDIC Chief Gone (Bloomberg News)
“Having a Fed vice chair for supervision is crucial to a progressive agenda,” said Renita Marcellin, a senior banking policy analyst at Americans for Financial Reform, which has called for a halt on all bank mergers, more rules for cryptocurrency firms and a crackdown on the private equity industry. “There’s a lot more to do than simply repairing the damage caused by Trump regulators.”