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
- 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...
- 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.
- 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...
- 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.
- Soaring Spillover: Accelerating Foreclosures to Cost Neighbors $502 billion in 2009 alone; 69.5 million homes lose $7,200 on average
Published: May 7 2009 Issue: Mortgage Lending
This is CRL's third report on the spillover impact of mortgage foreclosures. This new report is based on new CRL projections of 2.4 million foreclosures for all loans (not just subprime) in 2009,...
- Solutions to the Foreclosure Crisis
Published: Mar 25 2009 Issue: Mortgage Lending
Highlights of legislation CRL endorsed which focuses on ways to fix the foreclosure crisis
- Examining the Making Home Affordable Program
Published: Mar 19 2009 Issue: Mortgage Lending
Testimony of CRL Senior Policy Counsel Ellen Harnick before House Financial Services Subcomittee on Housing and Community Opportunity.
- Mortgage Lending Reform: A Comprehensive Review of the American Mortgage System
Published: Mar 11 2009 Issue: Mortgage Lending
Comprehensive testimony detailing the current state of the mortgage system, the reasons it is broken, and the steps and tools needed to stem the massive growth of foreclosures.
- Massachusetts Fights "Exploding" Subprime Mortgages
Published: Feb 26 2009 Issue: Mortgage Lending
CRL applauds Massachusetts AG for using consumer protection laws, specifically the unfair or deceptive acts or practices (UDAP) law, to stop foreclosures on unfair subprime loans