Regulators
HIGHLIGHT
Today's housing crisis was made possible by weak rules and poor enforcement. As policymakers consider regulatory reform, we focus on three broad goals: stronger rules to restore common sense standards; preserving the states' ability to protect its citizens from predatory lending; and more disclosure and transparency among lenders.
- Federal Reserve Should Ban Mortgage Kickbacks
December 24, 2009In a comment letter to the Federal Reserve Board, CRL recommends strengthening proposed rules to ban routine kickbacks on home loans that already have cost Americans billions of dollars.
- Consumer Financial Protection Agency Could Have Stopped Abuses that Plague Americans Today
October 23, 2009CRL shares stories of everyday people affected by financial abuse and emphasizes the need for the Consumer Financial Protection Agency to ensure that they and others are protected from such abuses in the future.
- CRL supports a strong, non-preemptive Consumer Financial Protection Agency
October 19, 2009CRL letter to Members of House Financial Services Committee outlining support and opposition to various CFPA amendments on states' rights, credit-related insurance, and carve outs for credit unions and auto dealers.
- Consumer Financial Protection Agency
September 24, 2009Congress can repair our financial system and protect families with a strong consumer protection agency for financial products--one that is independent of the companies it regulates, and fully transparent and accountable to the public.
- Consumer Financial Protection Agency: Myths versus Reality
August 13, 2009 - Neglect and Inaction: An Analysis of Federal Banking Regulators’ Failure to Enforce Consumer Protections
July 13, 2009Neglect and Inaction: An Analysis of Federal Banking Regulators’ Failure to Enforce Consumer Protections
- Overview of the Obama Administration’s Proposed Consumer Financial Protection Agency
June 24, 2009This summary focuses only on the consumer protection component of the Obama Administration’s Financial Regulatory Reform proposal.
- Regulatory Restructuring: Enhancing Consumer Financial Products Regulation
June 24, 2009Kathleen Keest, Senior Policy Counsel at CRL, testified before the House Financial Services Committee on CRL's support for a strong, state-of-the-art consumer protection agency for financial products -- provided that the agency is independent of the companies it regulates, and fully transparent and accountable to the public.
- Six Principles for Real Reform: Balancing Bank Safety and Sensible Lending
June 24, 2009As Congress considers how to address improving consumer protection and regulation of our financial system going forward over the next several months, we offer six essential principles for achieving true regulatory reform.
- Comment: Proposed 2009 GSE Housing Goals
May 22, 2009CRL's comments on proposed housing goals for Fannie Mae and Freddie Mac support incentives to modify distressed mortgages.
