News

2017

May

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  • White House banks on savings from Dodd-Frank rollback. President Trump’s first formal budget plan reflects his promise to dismantle the Dodd-Frank Wall Street Reform and Consumer Protection Act with a pledge to foster “economic growth and vibrant financial markets” by scrapping its “regulatory…
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  • Mnuchin's old company's settlement on dodgy loans. For four years during Treasury Secretary Steven Mnuchin’s tenure as chair of OneWest Bank, its reverse-mortgage subsidiary Financial Freedom ripped off the government by receiving unlawful federal insurance payments on reverse mortgages, according to an…
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  • When residents are told to move from aging public housing. Federal authorities are deeming crumbling public housing developments unnaceptable and uninhabitable and ordering that everyone must vacate, particularly in small, fading and remote cities. But what happens to the residents who are told to up…
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  • America's consumer financial sheriff is under fire. The impacts of legislation called the Financial Choice Act on consumers will be immediate and harmful. It will gut the Consumer Financial Protection Bureau and return us to the Wild West days of the early…
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  • Tips for financing that home remodeling. The recovery in housing prices means that more people have equity in their homes that they can tap for projects like adding a bathroom or updating a kitchen. As interest rates tick upward, though, homeowners…
03
  • Airbnb settles lawsuit with its hometown, San Francisco. Airbnb agreed on Monday to settle a lawsuit against the city of San Francisco, putting to rest litigation that could have hampered the company’s efforts to expand and go public. In the settlement, Airbnb essentially…
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  • Consumer Action INSIDER - May 2017. The May 2017 issue of Consumer Action's monthly newsletter gives you an update on our efforts to educate seniors on elder fraud and scams; details the DASH for the STASH investor education initiative; tells the story of one homeowner with out-of-control homeowners insurance rates; and more.
 

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