New CFPB chief closes headquarters, tells all staff they must work remotely for the week - NPR
Since its creation in 2011, the CFPB has handled millions of consumer complaints and returned $20.7 billion back to consumers.
Save the CFPB! https://t.co/XTK0R5U6v8
Some debt collectors, who sat silent for a decade, are now pursuing homeowners on zombie mortgages inflated with interest and fees. Today, the @CFPB is making it crystal clear that threatening to sue to collect on expired zombie mortgage debt is illegal. https://t.co/fwgTVPSJzm
"There is no magic 🪄 legal bullet for these cases, and that is why it is so important for the @CFPB to take action now to deter future conduct. The advisory opinion and other materials released today is a very important first step." @aboppstark#CFPBLive https://t.co/01iItLQHqu
“When there are no statements and there’s no notice, they don’t get that information & they can’t make an informed decision about how to prevent what is happening now, which is this surprise attack,” @aboppstark@NCLC4consumers said. 2/2 #ProtectConsumers https://t.co/tKl5L2zlxx
Consumer advocates at the field hearing urged the @CFPB to bring enforcement actions and update regulations to make it easier for homeowners to combat #foreclosure actions on dormant second mortgages. 1/2 @BLaw@reporterev#CFPBLive#DefendCFPB https://t.co/tKl5L2zlxx
We're asking @CFPB to look at the rules and see if there can be some changes...If you don't send these monthly statements, you can't charge interest...that would help a lot of people that now face huge bills that include interest." @aboppstark#CFPBLive https://t.co/01iItLQHqu
“By the time a homeowner learns they owe on a ‘zombie’ second mortgage, it’s often too late," said Andrea Bopp Stark @NCLC4consumers. “We appreciate the opportunity to sit down with the @CFPB and local advocates to discuss solutions." #ProtectConsumers
https://t.co/QrnmB1NNy6
President Biden Has Announced That Borrowers Can Have $10,000 to $20,000 of Federal Student Loan Debt Cancelled: What Do Borrowers Need To Do Now? - Student Loan Borrowers Assistance https://t.co/iOARlsrnqI
Sentenced to a Life of Debt, by Andrea Bopp Stark & Geoff Walsh @NCLC4consumers, proposes changes to the U.S. Bankruptcy Code, including the discharge of #FinesAndFees that serve a revenue-generating purpose & time-limiting #CriminalJustice debt. @ucpress https://t.co/mm3q0kirOl
Suspicious how everyone blames the rising cost of a burrito on workers getting a $1 raise but not the fact that CEO pay has gone up 1,322% in the last 43 years.
Last year Chipotle gave its CEO a $24 million raise and paid him 2,898x more than their median employee.