Center for Straight Answers

Here are all the straight answers regarding us and our work.  If you can't find what you are looking for, please feel free to use the search box to find the right answer.  Do not forget to help us stay one step ahead of predatory lenders and their lobbyists by using the tip-line to alert us to their new attacks and schemes.


 

  • So fighting foreclosures is a BAD thing?
    April 20, 2010
    Financial reform opponents attack CRL for accepting a grant from Paulson & Co., but that funding has helped keep thousands of struggling families in their homes.

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  • Why Are We Still Listening to the MBA?
    January 26, 2009
    With many predicting millions of foreclosures still to come, many are embracing the access to bankruptcy courts to modify failing mortgages as a significant solution to the current crisis. Yet, the Mortgage Bankers Association (MBA) recently announced its opposition to this solution, claiming it will have a “destabilizing effect” on the mortgage market. Then again, these are the same people who for years claimed that subprime lending was sound and that there was no foreclosure crisis coming.

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  • Self-Help Credit Union: Fair Lending, Strong Results
    January 7, 2009
    In their newest attempt to halt reform on their industry, payday lenders have created a fake "grassroots" group called the Consumers Rights League (CR League) to attack Self-Help and CRL by spreading misinformation about the groups' work.

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  • Doing What We Preach Everyday
    January 6, 2009
    As a community development lender, Self-Help offers responsible loan products at fair rates. It seeks to live up to the standards pushed for in its advocacy work.

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  • Myths and Facts Regarding the Subprime Market
    January 1, 2009
    The current epidemic of subprime foreclosures is severe and widespread. The primary victims are hard-working families who, instead of gaining the benefits of homeownership, are struggling to keep their home. However, in spite of these realities, certain myths persist.

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  • 'Tis the Season for Scapegoating
    December 24, 2008
    With all the massive bailouts blooming in Congress, one would think that Wall Street would take some responsibility for the mess they created, but instead they are blaming everything and everyone they can.

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