News

2021

July

20

• Los programas de estímulo económico llegan a su fin. ¿Qué hacer?. La moratoria a los desalojos y los préstamos educativos están por expirar. También los beneficios por desempleo y las ayudas en cupones y asistencia alimentaria. Aquí hay consejos

16

• Consumers should control access to their personal financial data. Large financial institutions hold vast amounts of consumer financial data. The Dodd-Frank provision, known as Section 1033, gives consumers the right to access their own financial data, and by extension, to make that data available to

02

• Congress considers credit-reporting overhaul. House Committee on Financial Services chair Maxine Waters, D-Calif., said that the House passed two bills out of committee before the pandemic – the Comprehensive CREDIT Act and the Protecting Your Credit

01

• Rental assistance fell victim to politics, bureaucracy. Nationwide, state leaders set aside at least $2.6 billion from the CARES Act’s Coronavirus Relief Fund to prop up struggling renters, but a year later more than $425 million of that — or 16% — hadn

June

29

• CFPB approves new foreclosure protections, but not blanket ban. Under the new rule, from Aug. 31, 2021 through Dec. 31, 2021, mortgage servicers may only refer 120-day delinquent accounts for foreclosure provided at least one of three new temporary safeguards has been met: the borrower has been thoroughly

28

• She wanted to stay. Her landlord wanted her out. A vast judicial machine that evicted tenants at more than double the national average in the years before the pandemic is revving up after months of dormancy. Judges fly through a case a minute as

24

• CDC extends eviction moratorium through July. The Centers for Disease Control and Prevention has extended a moratorium on evictions until the end of July. The ban had been set to expire next week, raising concerns that there could be a flood

23

• CFPB to adopt mortgage moratorium rule with some exclusions. The U.S. consumer watchdog weeks will adopt a rule requiring mortgage servicers to give struggling homeowners until next year to resume repayments, but is expected to carve out some groups of borrowers following industry

22

• Mobile home owners fear evictions as pandemic protections end. The pandemic hit owners of mobile homes especially hard. In August, the Urban Institute, an economic and social policy think tank, reported that 35 percent of mobile home owners had worked in industries that lost the

16

• When no landlord will rent to you, where do you go?. Having few other options, those whose incomes are extremely low are more and more finding shelter not in apartments but in roadside motels or aging hotel rooms that have limited, if any, cooking facilities. Total

11

• The rule allowing predatory loans from fake lenders must go. The OCC’s so-called true lender rule allows nonbank lenders to disguise their loans as bank loans — exempt from state rate caps and able to charge sky-high interest rates without limit — merely

10

• More than a third of consumers found errors in their credit reports. For about 1 in 10 people in the Consumer Reports study, errors were related to their financial data: unrecognized payments, payments wrongly reported as late, or debt in collections mistakenly listed in their name. Mistakes in personal

• How we are trying to fulfill the promise of the Fair Housing Act. In the United States of America — the greatest country in the world — a child’s future should never be limited by the Zip code where they are born. This week, HUD is

07

• Competitive home buyers waive contingencies to score homes. Like many of today’s buyers in the excruciatingly competitive housing market, people sometimes opt to waive contingencies that protect buyers in the hope of getting an offer accepted. “I never recommend buying

02

• Tenants scored a victory in the D.C. Court of Appeals. Landlords will still be barred from filing eviction cases so long as D.C.’s moratorium on evictions remains in place. D.C. landlords challenged the D.C. Council’s moratorium on eviction

01

• Los estadounidenses más pobres en riesgo de ser desalojados en junio; más de 11 millones están atrasados con pagos. Este junio está por terminar la protección nacional de la vivienda y la gente más pobre está en riesgo de ser desalojada; los más vulnerables son las

May

31

• Consumer Action INSIDER - June 2021. The June 2021 issue of INSIDER brings you stories about our recent activities and publications, including the most recent Consumer Action News issue, about liability insurance, and a new webinar explaining the rise of "contactless payment" methods due to the pandemic. Regular features include Hotline Chronicles, CFPB Watch and new additions to our Class Action Database.

• Consumer Action INSIDER - June 2021. The June 2021 issue of INSIDER brings you stories about our recent activities and publications, including the most recent Consumer Action News issue, about liability insurance, and a new webinar explaining the rise of "contactless payment" methods due to the pandemic. Regular features include Hotline Chronicles, CFPB Watch and new additions to our Class Action Database.

• Consumer Action INSIDER - June 2021. The June 2021 issue of INSIDER brings you stories about our recent activities and publications, including the most recent Consumer Action News issue, about liability insurance, and a new webinar explaining the rise of "contactless payment" methods due to the pandemic. Regular features include Hotline Chronicles, CFPB Watch and new additions to our Class Action Database.

• Consumer Action INSIDER - June 2021. The June 2021 issue of INSIDER brings you stories about our recent activities and publications, including the most recent Consumer Action News issue, about liability insurance, and a new webinar explaining the rise of "contactless payment" methods due to the pandemic. Regular features include Hotline Chronicles, CFPB Watch and new additions to our Class Action Database.