Coalition Efforts
Consumer Action is working on these important issues along with other organizations. If you would like to know more about these issues, please see “More Information” at the end of each article.
Postings
Proposed Mortgage Servicing Rules fail to protect families
The Consumer Financial Protection Bureau (CFPB) has proposed important new mortgage servicing regulations that will set the rules for servicing going forward. Unfortunately, the proposed rules fail to fix problems and protect consumers.
Additional requirements for charitable hospitals needed
Consumer Action supports the IRS' new standards for hospitals regarding their written financial assistance policies and offers suggestions to ensure further transparency and disclosure.
The most vulnerable to be harmed by automatic budget cuts in 2013
Changes to S. 3468 give lobbyists more power
The ED should stop rampant for-profit college fraud
In support of fair and affordable federal loan repayment options
Rental-to-own bill is a wolf in sheep's clothing
Consumer Action joined in a letter urging Congress to oppose H.R. 1588 that purports to protect consumers in rent-to-own contracts but ends up overruling stronger state laws.
CFPB should review impact of forced arbitration outside of skewed proceedings
In a letter to the Consumer Financial Protection Bureau (CFPB), Consumer Action and other advocates expressed support for their announced study on forced arbitration and asked the agency to review the real-world consumer impact of the practice outside of arbitration proceedings, which are paid for by companies and in which consumers almost always lose.
JOBS Act Rulemaking: Title II
The coalition calls for the SEC to make improvements in the JOBS Act.
The Fair Debt Collection Practices Clarification Act
Coalition asking Rep. Barney Frank to modify language that would increase the burden for consumers asserting their rights against debt collectors.
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