Center for Responsible Lending

This is an open government meeting, the record of which should not be censored.
These businesses target families with incomes below $35,000, and people of color are three times more likely to receive abusive loans than whites. People with blemished credit are often passed over when seeking jobs.
In almost every part of the country, entire neighborhoods -- and in some cases, whole cities -- are underwater. They are not victims of natural disasters like Hurricanes Katrina and Sandy. They are drowning in debt, victims of Wall Street's reckless and predatory lending practices.
Readers will draw their own conclusions when State of Lending comes out on Dec. 12, but here's my take on it as someone who
The foreclosure review materials scored ZERO readability -- the only documents I know of that score that low are IRS publications. Is that the standard the regulators and servicers wanted to match?
Wells Fargo and U.S. Bank also have financed some of the largest payday lenders in the country. Wells Fargo has financed
Even the conservator of Fannie Mae and Freddie Mac now says mortgage write-downs may make economic sense for the two housing finance giants. All of which begs the question: What if the industry had made these moves sooner?
Imagine how many people would have walked away from getting a subprime mortgage if the broker had told them, "The rate on this loan is 2% higher than you qualify for, because I make more money that way."
Complaints related to credit cards and plans dropped 28 percent, while those against mortgage brokers fell 31 percent. * Payday
"If you're requiring homebuyers to actually save a 20 percent down payment in advance of buying the home, it would take decades
Findings by other experts mirror Dudley's conclusions. Many foreclosure proceedings have been held up by controversy over
One Florida couple was threatened with foreclosure for making a payment too early. In Texas, a man faced foreclosure on a
"For people that think we're out of the woods, they need to kind of rethink that premise," said Roberto Quercia, director
On Thursday, the CRL, a nonprofit research organization, published a report saying that some mainstream banks are offering
Goldstein said regulators were trying to balance access to credit with strengthening the resiliency of the housing finance
These outcomes of the CARD Act give lie to the equally dire predictions about the Consumer Financial Protection Bureau (CFPB
Like so many American homeowners, he lost his job in the financial crisis and watched the value of his house plunge. Unable
We can't solve California's fiscal disaster without addressing the foreclosure crisis. It doesn't make sense to make severe cuts to state and local budgets only to allow Wall Street banks and their overpaid CEOs to drain billions more from our states.
Here are the Center for Responsible Lending's four tips for cardholders: 1. Pay above the minimum amount due! Paying more