News

2017

November

17
  • We need a watchdog at Consumer Financial Protection Bureau. The federal agency charged with safeguarding consumers is in jeopardy. Richard Cordray, the director of the Consumer Financial Protection Bureau, announced last week that he’s leaving by the end of the month. Cordray’s departure gives…
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  • Richard Cordray's CFPB has done its job well. President Donald Trump will soon get a chance to remake the Consumer Financial Protection Bureau, one of the signature creations of the 2010 Dodd-Frank financial reform law. The current director, Richard Cordray, has just announced…
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  • Hurricanes could bring another disaster: Foreclosures. Although most mortgage lenders are offering grace periods for homeowners in disaster zones, the real trouble begins when those grace periods run out. For many, months of postponed payments were suddenly due all at once…
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  • CFPB suing Freedom Debt Relief for deceiving customers. Freedom Debt Relief, the nation’s largest debt settlement services provider, built its business on lying to its customers about the company’s ability to negotiate debt settlements, the Consumer Financial Protection Bureau claims. According to the…
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  • Tax day Is finally here (or so we think). Today, we’re supposed to finally see House Republicans’ vision of what a tax code change would look like (even if it is unlikely to bear the name President Trump is said to prefer, the “Cut…
01
  • Hackers prey on home buyers. In this year of horrendous cyberheists — Equifax the most prominent — you’ve probably taken at least a few precautions: changed passwords, stopped opening files and links from unknown senders, upgraded your computer security measures,…

October

31
  • Council strengthens tenant protection on "certificates of no harassment" bill (Chinese). (本報記者)鑑於房東以裝修為名對房客進行逼遷之風愈演愈烈,一些房客組織與市議員聯手計劃於今秋提出新法案,對房客進行進一步保護。這條名為「無騷擾認證」(CONH)的法案如能通過,曾經有過騷擾房客記錄的房東在對房屋進行裝修工程時將付出相當大的代價。
  • Consumer Action INSIDER - November 2017. The October 2017 issue of Consumer Action's monthly newsletter updates readers on our recent 46th year anniversary and awards event in Washington, DC, guides them on what to do to restore paper-based communications from companies that only want to offer electronic billing and other statements, outlines efforts by the Center for Financial Services Innovation to help business determine and improve the financial health of their customers, and more.
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