As the American economy grows and changes, it’s more important than ever that New Yorkers are informed of their rights as consumers and have access to information they need to make the right lending and credit choices for them. Empire Justice Center provides representation, policy advocacy and analysis and know your rights information on access to credit, auto loans and student loans issues.
Sour Grapes and Doughnuts: Big Changes at the CFPB (And Why It Matters to You)
May 07, 2018
It was a tale of two Acting Directors at the Consumer Financial Protection Bureau.
CFPB Publishes Complaint Narratives – What it Means for New Yorkers
July 29, 2015
The CFPB began accepting complaints as soon as it opened its doors in July 2011. Three years later, in July 2014, the CFPB announced that they would begin making narratives associated with those complaints public.
Millions of homeowners are still struggling to avoid foreclosure. Added to the stress of refinancing, or worse yet, moving out of one’s home after foreclosure, are questions about how the foreclosure or move might affect a client’s continued receipt of SSI benefits. Is the home still an excluded resource? Will it be counted as a resource if the client has to move? Will the client be charged with the dreaded ISM (in-kind support and maintenance) if he or she continues to live in the property but is no longer making payments on the mortgage? SSA has provided guidance to it adjudicators on some of these issues.