Headline News Archive

2021

April

09

• The $50 billion race to save America’s renters from eviction. With judges ruling against a federal eviction ban, pressure mounts on the Biden administration to distribute billions in aid to renters.

07

• FDIC tries to help unbanked Americans get stimulus payments. To make it easier for millions of households to get their stimulus funds, the FDIC has launched a public awareness campaign—#GetBanked—to

06

• New proposal would ban most foreclosures until 2022. The Consumer Financial Protection Bureau proposed a new rule that would prevent servicers from starting foreclosure proceedings until after Dec. 31. The intent, bureau officials said,

05

• CFPB warns mortgage servicers to be flexible with homeowners. The CFPB said that the agency expects mortgage servicers to assist millions of homeowners as pandemic protections end and will closely monitor efforts to help

01

• Housing madness: 76 all-cash offers on one home. A realtor listed a fixer-upper in suburban Washington, DC for $275,000 on a Thursday. By Sunday evening, she had 88 offers. Of those 88 offers, 76 were all-cash, said

• Turning away from nursing homes, to what?. The occupancy rate in nursing homes in the fourth quarter of 2020 was 75 percent, down 11 percentage points from the first quarter, according to the National Investment

March

31

• Here’s the best way to book a beach house this year. While many hotel rooms in the United States stayed vacant last year, stir-crazy travelers headed to private beach and mountain houses, where they could enjoy

• CDC extends national evicton ban through June 30. The Centers for Disease Control and Prevention has extended the national ban on evictions through the end of June. The protection was slated to expire

29

• What happens when payment deferrals end?. Payment deferrals have been a lifeline for millions during Covid. But what happens when they end? Consumer advocates warning of a looming debt crisis say

26

• Biden administration to help Black farmers. The initiative, which is being run through the Agriculture Department, is at the center of the White House’s racial equity agenda.

25

• Illinois caps rates at 36%, adopts state-level CRA. The anti-predatory-lending law with a 36% rate cap, which takes effect immediately, applies across all consumer loan categories. Auto title loans in Illinois currently have an

• CFPB’s new team has a message for banks it regulates: We’re back. The Consumer Financial Protection Bureau is already sending a message that it’s getting tougher. On-site examinations are up, banking executives tell consultants. Big

• Settlement with Liberty Bank in lawsuit alleging racial bias. Under the agreement, Liberty Bank will expand its Good Neighbor Mortgage Loan Program, making an additional $10 million available to borrowers at below-market mortgage rates. In

24

• Stimulus debit cards: What you need to know. Here are some answers to questions you may have about the delivery of stimulus payments by check or debit card.

• Biden to reassert consumer watchdog agency sidelined by Trump. Biden's administration has pinpointed the Consumer Financial Protection Bureau as a tool to help deliver on promises to address systemic racial inequality.

• The CFPB has a message for the banks it regulates: We're back. With a new boss on the way, the consumer protection agency is knocking on doors and asking tough questions.

23

• White House prepares massive infrastructure bill. President Biden’s proposal is expected to center on infrastructure spending, with hundreds of billions of dollars to repair the nation’s roads,

22

• Black women passed over for state and local jobs at higher rates. A new report revealed that Black women are less likely to be hired than their counterparts when applying for State and local government positions.

20

• What to do if you suspect housing discrimination. First, experts say, look for telltale signs: being put off when trying to view homes in neighborhoods where you’re a minority; being shown

19

• How to clean up your credit report. Consumer Reports and other consumer advocacy organizations, including Americans for Financial Reform, Consumer Action, the National Association of Consumer Advocates, the National Consumer Law Center

18

• Treasury ramps up racial equity review as It deploys relief funds. The Treasury Department is moving ahead with a formal racial equity review of the agency and its programs, putting in place an effort to ensure

• Lender sued thousands of low-income Latinos during pandemic. This month the federal Consumer Financial Protection Bureau began investigating Oportun’s debt collection practices, which include suing thousands of low-income borrowers in California

17

• IRS has distributed 90 million direct deposit stimulus payments. IRS has sent out 90 million direct deposit stimulus payments. Here's how to check when yours will arrive.

16

• The IRS is behind in processing nearly 7 million tax returns. Nearly 7 million tax filers are in limbo and facing substantial delays in getting refunds, as the Internal Revenue Service struggles to keep up with the

• California sues nursing home chain for manipulating ratings. The lawsuit, filed by the state attorney general and other prosecutors, accuses Brookdale Senior Living of gaming Medicare’s ubiquitous star-rating system.