Research & Analysis
HIGHLIGHT
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.
- S.2452: Home Ownership Preservation and Protection Act of 2007
December 18, 2007Overview of S.2452: Home Ownership Preservation and Protection Act of 2007
- Accelerating Loan Modifications, Improving Foreclosure Prevention and Enhancing Enforcement
December 6, 2007Mike Calhoun's testimony re Accelerating Loan Modifications, Improving Foreclosure Prevention and Enhancing Enforcement.
- The Looming Foreclosure Crisis: How To Help Families Save Their Homes
December 5, 2007Stein urges loan modifications to help help families save homes
- Constitutionality of Applying Bankruptcy Code Amendments to Existing Mortgages
November 17, 2007Analysis concludes that there is no constitutional impediment to applying to existing debts the Bankruptcy Code amendments proposed by the Emergency Home Ownership and Mortgage Equity Protection Act of 2007, HR 3609,1 and the Helping Families Save Their Homes in Bankruptcy Act of 2007, S 21362
- Subprime Spillover
November 13, 2007 - Bans on Yield Spread Premiums and Steering
November 5, 2007 - “Toxic Mortgages” under HR 3915: Virtual Immunity
November 5, 2007Facts about Payment Option ARMs
- The Right of Rescission: The Minimum Remedy Needed to Make Wall Street Accountable for Buying Abusive Subprime Loans
November 2, 2007CRL supports right of rescission in H.R. 3915
- Common-Sense Solutions to the Subprime Foreclosure Crisis: Support H.R. 3915
November 2, 2007CRL proposes four policy recommendations that focus on removing obstacles that prevent systematic, sustainable loan modifications
- Federal Preemption Favors Predatory Lending
November 2, 2007CRL is opposed to Federal preemption of state consumer protection laws as it is unnecessary and harmful to homeowners
