Americans for Financial Reform

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Letters to Regulators: Letter to HUD Urging for Protections for FHA Borrowers

AFREF joined our partners to send a letter urging HUD to take further steps to protect FHA borrowers facing COVID-related hardships form foreclosure, including requiring servicers to communicate the availability of several loss mitigation options, providing guidelines for contacting borrowers before the end of a forbearance, and collect performance data on COVID-19 loss mitigation options and make this information available to the public.

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Statement: AFR applauds long-overdue debt relief for some defrauded borrowers

FOR IMMEDIATE RELEASE: MARCH 18, 2021 Contact: Alexis Goldstein, alexis@ourfinancialsecurity.org Statement of Alexis Goldstein, Senior Policy Analyst, Americans for Financial Reform: It is good to see the Department of Education finally take significant steps to fulfill the promise then-Secretary Arne Duncan made in 2015, that

Congressional Testimony: Written Testimony of Alexis Goldstein Before the United States House Financial Services Committee

Senior Policy Analyst Alexis Goldstein testified at HFSC’s hearing “Game Stopped? Who Wins and Loses When Short Sellers, Social Media, and Retail Investors Collide, Part II”

News Release: Billionaire Landlords Profit by $24.4 Billion and Hoard Cash as Millions Face Eviction During the Pandemic

Billionaire corporate landlords have increased their wealth by $24 billion and have raised over $245 billion as millions of American families face a wave of evictions.

New Report: Cashing in on Our Homes: Billionaire Landlords Profit as Millions Face Eviction

New report showing how a handful of billionaire corporate landlords increased their wealth by $24 billion during the pandemic and have raised over $245 billion to tighten their grip on the housing sector. Meanwhile millions of families are under imminent threat of eviction.

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Letters to Congress: Letter in Support of the Real Estate Valuation Fairness and Improvement Act of 2021

AFR joined a letter to Congress in support of the Real Estate Valuation Fairness and Improvement Act of 2021.

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Letters to Congress: Letter Asking for Commitment to Nominating Professionally Diverse Candidates to Federal District Courts

AFR joined a letter to the Senate asking for commitment to supporting President Biden’s goal of nominating professionally diverse candidates for federal district courts by fulfilling his request to recommend public defenders, civil rights lawyers, and public interest lawyers when judicial vacancies occur in their states. The letter explains that if the American public is to maintain faith in our judicial system, it is critical that we restore balance to a bench where former corporate lawyers and prosecutors are so heavily overrepresented.

Letters to Regulators: Letter to the CFPB with Recommendations for a Loss Mitigation Framework

AFR Ed Fund, NCLC, CRL, NCST and NHLP sent a letter to the CFPB with our recommendations for a loss mitigation framework that will allow servicers to offer COVID streamlined modification options while maintaining adequate protections for borrowers in the process.

News Release: Labor Department Will Not Enforce Rules that Impede ESG Investing

In a significant reversal, the Department of Labor (DOL) today announced they will not enforce the anti-sustainable investing rules that were hastily published in the final days of the Trump administration. The two rules, which went into effect in January 2021, would have made it much harder for retirement plans to integrate environmental, social and governance (ESG) risks into their investment practices.

Letters to Regulators: Letter Urging Treasury to Protect Stimulus Checks from Assignment and Garnishment

AFR joined a letter asking Treasury to urge Congress to protect the third round of economic impact payments in the American Rescue Plan of 2021 from assignment and garnishment.