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
- End Predatory Pricing on Home Loans (Yield-Spread Premiums)
Published: Dec 7 2009 Issue: Mortgage Lending
The Federal Reserve is considering rules to restrict mortgage brokers and lenders from giving borrowers loans with higher interest rates than necessary and earning "yield-spread premium" kickbacks...
- Mortgage Repairs Lag Far Behind Foreclosures
Published: Dec 4 2009 Issue: Mortgage Lending
Mortgage companies have blocked sensible actions to stop foreclosures, promising to fix the problem themselves – but they’re not delivering. The latest MBA figures show that the proportion of...
- Brief Overview of the Consumer Financial Protection Agency
Published: Sep 15 2009 Issue: Consumer Financial Protection Bureau
A brief overview of how the Consumer Financial Protection Agency would ensure that banking is safe for all Americans.
- Consumer Financial Protection Agency: Myths versus Reality
Published: Aug 13 2009 Issue: Consumer Financial Protection Bureau
- Current Trends in Foreclosure and What More Can Be Done To Prevent Them
Published: Jul 28 2009 Issue: Mortgage Lending
In a hearing on "Current Trends in Foreclosure and What More Can Be Done to Prevent Them," CRL's Keith Ernst urged Congress to take several actions to address the flood of foreclosures and fix the...
- Financial Reform that Protects Consumers
Published: Jun 25 2009 Issue: Auto Financing, Car Title Loans, Credit Cards, Mortgage Lending, Overdraft Loans, Payday Loans, Refund Anticipation Loans
For years, federal bank regulators looked the other way; now Congress has a chance to reform our system of checks and balances, make banks accountable, and protect consumers from abusive financial...
- Six Principles for Real Reform: Balancing Bank Safety and Sensible Lending
Published: Jun 24 2009 Issue: Auto Financing, Car Title Loans, Consumer Financial Protection Bureau, Credit Cards, Mortgage Lending, Overdraft Loans
As 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...
- Regulatory Restructuring: Enhancing Consumer Financial Products Regulation
Published: Jun 24 2009 Issue: Auto Financing, Car Title Loans, Consumer Financial Protection Bureau, Credit Cards, Mortgage Lending, Overdraft Loans, Payday Loans, Refund Anticipation Loans
Kathleen 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...
- Overview of the Obama Administration’s Proposed Consumer Financial Protection Agency
Published: Jun 24 2009 Issue: Consumer Financial Protection Bureau, Mortgage Lending
This summary focuses only on the consumer protection component of the Obama Administration’s Financial Regulatory Reform proposal.
- Comment: Proposed 2009 GSE Housing Goals
Published: May 22 2009 Issue: Mortgage Lending
CRL's comments on proposed housing goals for Fannie Mae and Freddie Mac support incentives to modify distressed mortgages.