News

2018

April

21
  • Blacks still face a red line on housing. For generations of white American families, homeownership has been a fundamental means of accumulating wealth. Their homes have grown in value over time, providing security in retirement and serving as an asset against which they…
19
  • The ‘C’ in CRA should still mean something. The Community Reinvestment Act (CRA) was put into place to address the refusal of banks to lend to and meet the financial needs of low- and middle-income communities. Crucially, CRA brings together communities that have…
18
17
  • Teach kids to be smart consumers. Most financial literacy efforts in schools don’t improve people’s behavior later in life. That could be because we’re focusing on the wrong things. Trying to teach teenagers how to shop for a mortgage, for example,…
13
12
11
  • A house you can buy, but never own. In a contract for deed, the buyer purchases an agreement for the deed rather than buying the deed itself. The tenant has to fulfill the conditions of the agreement in order to get the deed,…
10
  • Under Trump, a voice for the American consumer goes silent. In the 135 days since the Trump administration took control of the nation’s consumer watchdog agency, it has not recorded a single enforcement action against banks, credit card companies, debt collectors or any finance companies…
04
03
  • Trump appointee helps companies, not consumers. In 1959, the late Dinah Washington won a Grammy for her hit, “What a Difference a Day Makes,” a song of how a blossoming romance dramatically changed life for the better. Its lyrics conclude, “the…
  • What it was like to finally write my will. Did you know Prince died without a will? It’s true! All that money, and one of the greatest performers I ever saw onstage didn’t spend a little of it on sorting out his estate? It…
01
  • Consumer Action INSIDER - April 2018. This month's INSIDER brings you stories about the Federal Trade Commission's Contact Lens Workshop; an agency that protects municipal bond investors; updates to our Consumer Services Guide; new legislation we're following in California; and planning activities for our annual Consumer Empowerment Conference. Hotline Chronicles discusses a complaint from a homebuyer who was asked to pay a real estate agent in advance in order to find a home.
  • Consumer Action INSIDER - April 2018. This month's INSIDER brings you stories about the Federal Trade Commission's Contact Lens Workshop; an agency that protects municipal bond investors; updates to our Consumer Services Guide; new legislation we're following in California; and planning activities for our annual Consumer Empowerment Conference. Hotline Chronicles discusses a complaint from a homebuyer who was asked to pay a real estate agent in advance in order to find a home.
  • Consumer Action INSIDER - April 2018. This month's INSIDER brings you stories about the Federal Trade Commission's Contact Lens Workshop; an agency that protects municipal bond investors; updates to our Consumer Services Guide; new legislation we're following in California; and planning activities for our annual Consumer Empowerment Conference. Hotline Chronicles discusses a complaint from a homebuyer who was asked to pay a real estate agent in advance in order to find a home.
  • Barclays agrees to pay $2 billion for selling toxic mortgages. Prosecutors say that between 2005 and 2007 Barclays sold investors packages of mortgages that were worth less than the bank claimed, costing the investors billions of dollars. More than half of the $31 billion in mortgage packages eventually defaulted, prosecutors…
 

Quick Menu

Support Consumer Action

Support Consumer

Join Our Email List

Optional Member Code
Facebook FTwitter T

Housing Menu

Help Desk

Advocacy