News

2017

June

14

• Trump's Wall Street game plan needs players. Wall Street banks on Tuesday cheered U.S. President Donald Trump's plans to loosen the leash put on them in the wake of the 2008 financial crisis but they do not expect significant change any time…

• Los Ángeles deberá pagar 500 mil dólares por arrebatarles a los indigentes propiedad personal. Varios activistas a favor del sector indigente se encuentran indignados y al mismo tiempo conformes tras recibir la noticia de que la ciudad de Los Ángeles deberá pagar unos 500 mil dólares por confiscar de…

13

• Financial advice from one millennial to another. Millennials get a bad rap when it comes to how they handle their money.

• Trump to deny nursing-home residents the right to sue. Thanks to a rule put in place last fall by the Centers for Medicare and Medicaid Services, nursing homes that receive federal funding — which is most of them — could no longer include so-called…

09

• How much you would need to afford rent in your state. There is nowhere in this country where someone working a full-time minimum wage job could afford to rent a two-bedroom apartment, according to an annual report released Thursday documenting the gap between wages and the…

08

• Landlord Steve Croman to serve 1 Year for tax fraud (Chinese). (本報訊)長期名列紐約市最壞房東名單上的地產大亨史蒂芬·格羅曼（Steven Croman）去年被控20項重罪，紐約州總檢長史樹德昨（6日）發表聲明稱，格羅曼已於日前承認自己以欺詐手段騙取貸款重新融資以及稅務詐騙等行為。

• How House bill would dismantle Dodd-Frank reforms. The House of Representatives is preparing to vote on Thursday on a bill intended to make sweeping changes to the financial regulatory system. Here are some of the most significant changes in the nearly 600-page…

07

• CFPB defenders brace for House vote on Dodd-Frank rollback. Progressive lawmakers and political groups are attempting to rally opposition before the House votes on the Financial CHOICE Act this week. That bill, sponsored by House Financial Services Committee Chairman Jeb Hensarling (R-Texas), would roll…

06

• The CHOICE Act Is the Wrong Choice for the U.S. Economy. The bill being considered by the House, the Financial CHOICE Act, would eviscerate these safeguards, putting the U.S. economy and taxpayers in the same perilous position as prior to the financial crisis.

• States with more black people have less generous welfare benefits. How much cash welfare assistance families in poverty receive largely depends on where they live, with welfare eroding in every state except Oregon over the last 20 years, according to a new study by the…

05

• Reforms on the table for new kind of home-improvement loan. Home financing programs, formally known as Property Assessed Clean Energy (PACE), are established by governments to help homeowners pay for energy-efficient appliances and projects through loans that are paid back as line items on their…

02

• Airbnb is popular, but renting out your car? That’s another story. On any given holiday weekend, there might be a million people paying to stay in rooms in somebody’s house or putting their whole family up at private homes. Airbnb helps many of those travelers and…

01

• Multiple mortgage applications affected by abusing hidden accounts (Chinese). 【新唐人2017年06月02日讯】许多银行、信用卡公司为了抢占市场，经常推出一些〝开户送礼〞的促销手段。如果为了一点礼金、礼品的好处而开了太多户头，其实很有可能影响您的信用分数，增加申请贷款时的难度。来听一下专家的建议。

• 7 ways to ready your finances for divorce. Untangling two people’s money is messy. Long before spousal or child support is awarded or your post-divorce budget is in place, you’ll need to prepare your finances for the work ahead. 1. Be wary of well-meaning advice…

• Consumer Action INSIDER - June 2017. The June 2017 issue of Consumer Action's monthly newsletter outlines our digital literacy and debt collection education and outreach efforts; presents our newest publication on insurance and taxes in the 'sharing economy'; tells you what to do when your storage unit starts costing too much; honors National Fair Housing Month; and more.

May

31

• Poll highlights attitudes about data usage for financial inclusion. Consumer Action finds most agree that rent and utility records could be useful in widening availability of credit, but 96 percent oppose using social media or video habits Overwhelming majority wants opt-in before information about…

• Alternative data and financial inclusion (Summer 2017). In this issue of Consumer Action News, we examine how alternative data may affect access to credit for consumers with limited credit options. Included are the results of a poll we conducted to gauge consumer attitudes about the use of alternative data (non-loan-related information) in lending decisions.

• Alternative data and financial inclusion (Summer 2017). In this issue of Consumer Action News, we examine how alternative data may affect access to credit for consumers with limited credit options. Included are the results of a poll we conducted to gauge consumer attitudes about the use of alternative data (non-loan-related information) in lending decisions.

• Alternative data and financial inclusion (Summer 2017). In this issue of Consumer Action News, we examine how alternative data may affect access to credit for consumers with limited credit options. Included are the results of a poll we conducted to gauge consumer attitudes about the use of alternative data (non-loan-related information) in lending decisions.

• Alternative data and financial inclusion (Summer 2017). In this issue of Consumer Action News, we examine how alternative data may affect access to credit for consumers with limited credit options. Included are the results of a poll we conducted to gauge consumer attitudes about the use of alternative data (non-loan-related information) in lending decisions.