...strategies, and ultimately craft a blueprint that is rooted in local insights and opportunities. This two-phase action engagement connects critical insights about the impact of financial instability on municipal governments...
...Protection Bureau’s (CFPB) Notice of Proposed Rulemaking (NPRM) rescinding ability-to-repay requirements governing payday, vehicle title, and certain high-cost installment loans. The Coalition believes these underwriting provisions are crucial, and rescinding...
...integration in five cities to test FEC eviction prevention strategies in response to COVID-19 housing instability, and field a multi-city evaluation of FEC impact in three to five partner cities....
...Rulemaking Authorities, Guidance and Implementation Support, Financial Education Programs, and Consumer Complaint Handling Processes. These letters focused on local governments’ experiences with consumer financial instability, and both individual’s and businesses’...
...ratio as an alternative to the full payment test to enable financial institutions to offer lower-cost, sustainable installment loans; lenders should be required to meet a clearly defined maximum annual...