...portfolio default rate on all covered loan sequences, regardless of whether they use the full payment test or approved alternatives; and lenders should be required to contribute a percentage of...
...in these Standards. To facilitate counselor trainings, the CFE Fund has approved national and regional training providers’ courses that align with the Standards; additionally, the CFE Fund encourages local training...
...to use the tool; and urges caution as the FDIC explores moving towards online survey responses, given some un/underbanked and low-income consumers’ reluctance to submit personal information via online platforms....
...include low costs, no overdraft fees, robust transaction capabilities such as a debit or prepaid card, and online bill pay. Notable changes in the 2019-2020 Standards include allowing paper statement...
...education. Learn more about opportunities for local governments to protect their residents in the consumer financial marketplace on our new mini-site, www.protectinglocalconsumers.org. Since 2017, with generous funding from the W.K....
...city replication partners, and provides additional evidence of the program’s success. For an executive summary of the report, click here. The CFE Fund held a series of webinars about the...
...across these first 5 city replication partners, and provides additional evidence of the program’s success. The CFE Fund held a series of webinars about the evaluation; click here for informational...
...high-quality one-on-one financial counseling for low-income residents, thanks to generous support from Bloomberg Philanthropies as part of its American Cities Initiative. To learn more about FEC Public, visit www.fecpublic.org. ...
...CA; San Francisco, CA; Memphis, TN; Shreveport, LA; and Syracuse, NY. The CFE Fund will select additional municipalities for future grant cohorts. To learn more about FEC Public, visit www.fecpublic.org....
...multi-city network of Bank On program coordinators, equipping them with the training, tools, and resources to make significant advancements in local banking access efforts and at the same time generating...