Anne Fleming

Law prof @GeorgetownLaw | consumer finance, bankruptcy, poverty, legal history | author of City of Debtors: A Century of Fringe Finance

[Anne Fleming @AFlemingEsq]

My article on “anti-pauperism”’ rhetoric and its recurrence in debates about private law — link to abstract below 👇

[Ezra Rosser @EzraRosser]

New Article: The Public Interest in the Private Law of the Poor https://t.co/lF9IPi734a

[Fines and Fees Justice Center @FinesandFeesJC]

This is outrageous. Traffic courts quietly re-opened in NYC — and they're failing to protect defendants' health, or due process rights.

NYC is budgeting for a $42 million *increase* in fine & fee revenue this year.

It's time to end policing-for-profit.

https://t.co/AMvJ9ntJlL

[Brian Wolfman @brian_wolfman]

Read law prof @nsobol123's "Survey of Law Schools Offering Consumer Law Courses." @jsovern @AFlemingEsq @NCLC4consumers @ConsumerFed https://t.co/NvH4EDctBn

[Anne Fleming @AFlemingEsq]

Here's my piece from February in support of the bill, explaining the history of Virginia's small-sum lending laws over the last century. 2021 will mark the start of a new chapter for Virginia consumers.

https://t.co/SsGxsjKTcv

[Anne Fleming @AFlemingEsq]

"As the federal CFPB has left consumers to fend for themselves against predatory lending, we are proud that Virginia is setting an example for states across the country."

The governor signed the bill on Monday and it goes into effect Jan. 1

https://t.co/I2FT6sug57

[Anne Fleming @AFlemingEsq]

Apply by this Monday, August 10 to be the next editor of H-Business:

[The Business History Conference @TheBHCNews]

Professional opportunity: H-Business is looking for a new editor! Digital - you can be anywhere - DEADLINE AUG 10th https://t.co/z4sJ0mAYeD #econhist #bizhis

[Brian Galle @BDGesq]

Some brief thoughts on the Florida poll tax case (i.e., Florida's efforts to block ex-felons from registering b/c they haven't paid all their court costs, fees, etc.). I'll argue there is an historical reason to treat these fees as "taxes" under the 24th Amendment. /1

[The Business History Conference @TheBHCNews]

The open bibliography on business history and race continues to grow - have something to add? simply reply https://t.co/xdr69Z5mVa

[Anne Fleming @AFlemingEsq]

“While the company has filed suits related to fewer than 6% of its loans in recent years, Vazquez acknowledged it had still become the largest filer of debt claims in both California and Texas.” https://t.co/dHhnlIN3NQ

[Lydia DePillis @lydiadepillis]

Important NBER study today: Contrary to earlier research, homeowners almost never "strategically default" on their mortgages because they're underwater -- 97% of the time it's because of an adverse life event, like a job loss or unexpected expense. https://t.co/gEfTGBv6iu

[Anne Fleming @AFlemingEsq]

I have a secured transactions joke, but sharing it is low priority

[The Business History Conference @TheBHCNews]

Professional opportunity: H-Business is looking for a new editor! Digital - you can be anywhere - DEADLINE AUG 10th https://t.co/z4sJ0mAYeD #econhist #bizhis

[Anne Fleming @AFlemingEsq]

4th Circuit reaffirms that payday lending contracts are unenforceable as against public policy to the extent that they require borrowers to agree to tribal choice-of-law clause and thereby to waive rights to assert federal law claims -- e.g., RICO

https://t.co/jF7K4Orbfx

[The Business History Conference @TheBHCNews]

Business history and race: a partial, open bibliography (join via zotero currently 154 refs) use this list in your research and teaching and contribute to this growing collection https://t.co/N9qU5iNCeN #bizhis #econhist reply to contribute a ref

[Chris Odinet @ChrisOdinet]

"[CARES Act] benefits are set to expire this month...if no more aid is forthcoming after July...a far more dire portrait of the financial pain of millions of Americans is set to emerge in the coming months": https://t.co/xinhDoAGiD

[Diane E Thompson @DianeEThompson1]

Great nuanced reporting by @gmorgenson on Wells Fargo's putting borrowers in bankruptcy into forbearance without their consent or knowledge and the harm that can cause. Wells Fargo paused mortgage payments for some customers without asking https://t.co/PTWKJ1JOIs via @nbcnews

[lee rowland @berkitron]

FL's obscene poll tax disenfranchises ppl who owe the state $$$ - and Sup.Ct. won't stop it. This is wrong and it's racist as hell. WE can help fix it if SCOTUS won't! Donate to the Fees & Fines fund and give a Floridian their right to vote back. https://t.co/IFeux1Ievq

[Anne Fleming @AFlemingEsq]

@ShawnFremstad another example: wage garnishments

[Prof Pamela Foohey @PamelaFoohey]

The Debt Collection Pandemic (@ChrisOdinet @daliejimenez; https://t.co/PFQoMinM25) is coming:

Evictions are likely to skyrocket this summer as jobs remain scarce. Black renters will be hard hit. https://t.co/FyJcfSyAKm

[Anne Fleming @AFlemingEsq]

*less than 3 yrs from final rule to final rule undoing prior final rule (Oct ‘17 to July ‘20)

[Anne Fleming @AFlemingEsq]

Today, the CFPB officially revoked its own 2017 payday lending rule, which would have required lenders nationwide to consider whether borrowers have the ability to repay before making a payday loan or other covered high-cost, short-term loan.

Short 🧵on today's rule:

[Anne Fleming @AFlemingEsq]

2/ You might ask: How can an agency revoke its own rule, less than 2 yrs after finalizing it?

Short answer: no new evidence supports this. Rather, the CPFB has reinterpreted the scope of its own rulemaking authority.