Research & Analysis
CRL conducts in-depth research on the extent and impact of predatory lending to provide useful information to consumers, community advocates, and policymakers, like the Consumer Financial Protection Bureau. We also share our market and legal knowledge with advocates and the CFPB in hopes of reforming lending practices. Below you will find CRL's CFPB research and policy analyses, including our testimony and comment letters to the bureau.
- Comments to the Consumer Financial Protection Bureau on Payday Lending Abuses
April 23, 2012Comments to the Consumer Financial Protection Bureau on payday lending abuses on behalf of several organizations concerned about the documented abuses of payday lenders.
- America's Top Consumer Cop Reports to Congress
January 31, 2012The Consumer Financial Protection Bureau (CFPB) delivered its first agency’s first report to Congress January 31, 2012
- Comments to the Consumer Financial Protection Bureau and the Federal Reserve Board re: Regulation Z: Proposed Rule on Ability to Pay and Qualified Mortgage
July 22, 2011In its first formal comment to the CFPB, the Center for Responsible Lending supports new Dodd-Frank mortgage reforms and urges the CFPB to ensure that lenders have appropriate consequences if they fail to abide by the rules.
- New Poll: Broad Bipartisan Support for Financial Reform and Consumer Protections
July 19, 2011A new poll reveals that American voters broadly support the 2010 Dodd-Frank Wall Street Reform law, by a 5 to 1 margin, and across all political parties.
- Testimony: Enhanced Consumer Financial Protection After the Financial Crisis
July 19, 2011Testimony of Mike Calhoun before Senate Banking Committee: Unsustainable lending pushed us into the financial crisis, and sustainable lending and responsible consumer financial services products are needed to restore and maintain economic health. An independent Consumer Financial Protection Bureau (CFPB), as enacted by the Dodd-Frank Act (DFA or Dodd-Frank), is critical to reestablishing these sustainable lending practices.
- Building the CFPB: A Progress Report
July 18, 2011On July 21, 2011, the CFPB will be a cop on the beat to enforce the laws on credit cards, mortgages, student loans, prepaid cards, and other kinds of financial products and services. This report from the Bureau summarizes in one place what they’ve been up to.
- Consumer Financial Protection Agency will Help American Families and our Economy
February 7, 2011Consumer spending comprises 70% of the U.S. economy, so restoring consumer confidence and demand for products is vital to creating jobs. This is more likely to happen if consumers know that the financial marketplace is fair and safe for everyone. Therefore, Congress should promote a strong, engaged Consumer Financial Protection Bureau.
- Consumer Financial Protection Bureau--Overview of Key Provisions
September 1, 2010Overview of CFPB describes its structure, funding, duties and how it will work with the states to enforce consumer protections.
- Financial Regulatory Reform: The Consumer Financial Protection Bureau & Key Mortgage Provisions
August 14, 2010Presentation on key provisions of the Dodd-Frank financial reform law, relating to the Consumer Financial Protection Bureau and mortgage lending
- Top Priorities for Real Financial Reform
June 16, 2010For the final financial reform bill that will be considered and voted on by the House and Senate joint conference committee, there are three issues vital in protecting taxpayers from another crisis in the future.
