Videos

Michael Calhoun talked about the payday lending industry and its regulation. He discussed the uses and abuses of various quick loans and how they can negatively effect borrowers by deepening…

Representatives from home buyer associations and lender groups testified on the “ability to pay” rule mandated by the 2010 Dodd-Frank financial regulations law. The intent of the rule was to…

The Consumer Financial Protection Bureau (CFPB) held a field hearing on mortgage policy with consumer groups, industry stakeholders, and financial experts. CFPB Director Richard Cordray unve…

Financial industry representatives testified on consumer credit access issues related to the regulatory power of the Consumer Financial Protection Bureau (CFPB). Subcommittee members raised …

Witnesses testified about the proposed work and structure of the new Consumer Financial Protection Bureau (CFPB) created as part of the Dodd-Frank financial regulations law. They talked abou…

Witnesses testified about consumer overdraft fees levied by banks and possible regulation of banks. One proposal would require banks to notify consumers and allow for cancellation of transac…

Panelists spoke about proposed mortgage and lending regulations. They also talked about the many reports of mortgage broker and lender abuses against borrowers which led Congressional leader…

Witnesses from the financial industry and consumer advocates testified about the Mortgage Lending Act, H.R. 3915, which sets a minimum standard for borrowers' ability to repay mortgage loans…

Witnesses testified about home ownership and current subprime mortgage practices and products affecting foreclosures. They also talked about proposed guidelines for non-traditional mortgages…

The guests talked about the practice of “payday loans,” in which consumers are offered short-term loans which have the potential for high interest and fees. The Center for Responsible Lendin…

Moderated by Mr. Fishbein, the panelists discussed nontraditional mortgages, such as interest-only and piggyback mortgages. Some of the participants said these are they too exotic for most h…

Two subcommittees of the Senate Committee on Banking, Housing, and Urban Affairs held a joint hearing titled “Calculated Risk: Assessing Non-Traditional Mortgage Products.” Witnesses testif…

Experts talked about differences between federal and state consumer protection laws and the efforts by lobbyists to have stronger state laws replaced by weaker uniform federal rules. Ms. Bra…