On December 11, an important but under-reported U.S. Senate hearing addressed the nation’s challenging economy.After calling to order the session entitled, Protecting Workers’ Money and Fighting for the Dignity of […]
Author Archives: Charlene Crowell Center for Responsibe Lending
Posted inNews, News-OW
Consumers caught in illegal junk fee traps to receive $48 million
The nation’s largest corporate landlord for single-family home rentals (recently) was fined $48 million by the Federal Trade Commission (FTC) for years-long financial abuses of tenants. The firm, Invitation Homes, […]
Posted inOp-ed, Opinion-OW
$148 million returned to consumers in actions undertaken by CFPB
Recent back-to-back financial enforcement actions taken by the Consumer Financial Protection Bureau (CFPB) underscore why the nation’s sole agency dedicated to consumer financial fairness retains broad and strong voter support.On […]
Posted inOp-ed, Opinion
DOJ, state attorneys general file joint consumer lawsuit
In August, the Department of Justice and eight state attorneys general filed a lawsuit charging RealPage Inc., a commercial revenue management software firm with providing apartment managers with illegal price […]
Posted inNews, Op-ed
Student loan debt drops to $10 billion in Biden Administration forgiveness plan
As consumers struggle to cope with mounting debt, a new economic report from the Federal Reserve Bank of New York includes an unprecedented glimmer of hope. Although debt for mortgages, […]
Posted inGovernment/Politics
SCOTUS decision seizes power to decide federal regulations
By Charlene CrowellCenter for Responsible LendingThe Supreme Court issued several consequential rulings in its recently concluded term. One such decision reversed a 40-year precedent commonly known as the Chevron doctrine, […]
Posted inBusiness
Cost of the “American Dream” up 47 percent since 2020
Regardless of race, income, or geography, every family needs and deserves a place to call home. It’s a place not only for shelter from life’s many storms; but also, where […]
Posted inLocal Politics
Will White House Advisory Council address affordable housing crisis?
Nearly 90 years ago, Kelly Miller (1863-1939), a Black sociologist and..