Research & Analysis
Back in 2001, we estimated that predatory mortgage lending cost consumers $9.1 billion every year. Since then, the market for subprime home loans surged, then exploded, and it has become painfully clear that the total cost of bad lending practices is almost incalculable. Still, we keep trying. In recent years our research has focused on topics such as trends in the subprime market, racial disparities in lending, and an assessment of predatory lending laws in the states. Visit us often to stay up-to-date on our latest findings, including periodic assessments of reports issued by lenders and regulatory agencies.
Browse Mortgage Research & Analysis
- Fix or Evict? Loan Modifications Return More Value Than Foreclosures
Published: Mar 23 2011 Issue: Mortgage Lending
CRL's new research reveals banks and other loan servicers have a strong foreclosure bias that cheats investors. Banks push for foreclosures even when investors benefit more with a loan mod.
- Joint Letter to Regulators Against High-Downpayment Requirements
Published: Mar 16 2011 Issue: Mortgage Lending
CRL joins key housing groups in urging federal regulators to avoid setting arbitrary mortgage downpayment requirements.
- Don't Mandate Large Down Payments on Home Loans
Published: Mar 1 2011 Issue: Mortgage Lending
Recent proposals call for requiring prospective homeowners to make a 10-20 percent down payment when purchasing a home. This is seen as “getting back to the way mortgages were made in the 1980s.” ...
- Wall Street, Not Fannie Mae and Freddie Mac, Led the Toxic Mortgage Market
Published: Jan 26 2011 Issue: Mortgage Lending
Fannie Mae and Freddie Mac were prohibited from buying subprime mortgages. Five key facts showing why we can't blame the foreclosure crisis on Fannie and Freddie.
- Joint Letter to Regulators on Elements of "Qualified Residential Mortgages"
Published: Jan 25 2011 Issue: Mortgage Lending
A diverse group of national civil rights, labor and consumer organizations writes regulators to share their views with respect to the regulation of securitizers of residential mortgage loans.
- Joint Letter to Regulators Urging a Broader Definition of "Qualified Residential Mortgages."
Published: Jan 14 2011 Issue: Mortgage Lending
CRL and other advocates join mortgage industry leaders in urging regulators to carefully consider how they define mortgages that will be exempt from certain rules. An overly narrow definition could...
- Implementing Mortgage Rules for Financial Reform: Recommendations for Defining "Qualified Residential Mortgages" and Formulating Lending and Servicing Standards
Published: Dec 21 2010 Issue: Mortgage Lending
Implementing the Dodd-Frank Wall Street Reform and Consumer Protection Act: Letter from CRL and allies with specific recommendations for mortgage and servicing standards, including how to define...
- Summary of Key Provisions (Mortgage Originations) in Dodd-Frank Wall Street Reform and Consumer Protection Act
Published: Dec 1 2010 Issue: Mortgage Lending
Detailed description of provisions in Title XIV: “Mortgage Reform and Anti-Predatory Lending Act” Subtitles A-C: Mortgage Originations
- HAMP, Servicer Abuses, and Foreclosure Prevention Strategies
Published: Oct 27 2010 Issue: Mortgage Lending
Julia Gordon, CRL Senior Policy Counsel, testifies before the Congressional Oversight Panel on HAMP, servicer abuses and foreclosure prevention.
- Foreclosure as a Last Resort
Published: Oct 21 2010 Issue: Mortgage Lending
States are in a strong position to stabilize the housing market and prevent unnecessary foreclosures, and the best tool available is mandatory loss mitigation.