by Eric J. Ellman | Sep 10, 2024
In September 2024, CDIA filed a comment with the CFPB on Streamlining Mortgage Servicing for Borrowers Experiencing Payment Difficulties.
by Eric J. Ellman | Jul 10, 2024
In July 2024, the CFPB announced proposed new rules to make it easier for homeowners to get help when they are struggling to pay their mortgage. The proposal, if finalized, would require mortgage servicers to focus on helping borrowers, not foreclosing, when a...
by Eric J. Ellman | Oct 5, 2023
In October 2023, a coalition of consumer groups led by NCLC, wrote to a long list of federal regulators on disasters and credit reporting. The letter notes that In light of the recent devastation caused by the wildfires in Maui and by Hurricane Idalia, we once again...
by Eric J. Ellman | Nov 2, 2022
In November 2022, the White House held a conference on credit reporting for consumers impacted by natural or declared disasters. The meeting was moderated by a White House special assistant and included representatives from the public and private sectors and several...
by Eric J. Ellman | Oct 27, 2022
In October 2022, 26 consumer, civil rights, and advocacy groups wrote to federal financial institution regulators. These organizations asked these agencies “to encourage lenders to refrain from reporting negative information to the nationwide consumer reporting...
