In two weeks, we will celebrate the one year anniversary of the enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). Despite the enormous opposition from the financial industry, Congress passed this landmark legislation that represents a victory for all American consumers. NACA’s Legislative Unit is dedicating the month of July’s blog posts to celebrating the anniversary of this important law.
Blog
July 5, 2011 - 1:18pm
| Filed under: Mortgage, Real Estate & Housing
A day doesn’t pass without a friend, neighbor, reporter, Congressional or regulatory staffer asking me – so –what are we going to solve the housing crisis?
June 29, 2011 - 3:32pm
| Filed under: Class Actions
The decision by America’s highest court, which struck down a gender discrimination lawsuit brought against Walmart by 1.6 million female employees, was sadly no great surprise. In fact, it’s right out of the big business handbook, where week after week Chief Justice Roberts zealously advocates for the rich against the poor; just as a young freshman Senator from Illinois predicted at Justice Roberts’ confirmation hearings.
June 28, 2011 - 2:19pm
| Filed under: Forced Arbitration
Have you applied for a job online, tried to purchase a new cell phone, obtained cable service, or checked your credit score online lately? Have you applied for a car loan or health care coverage? If you have, chances are you could not obtain the service, product or job without first signing off on a lot of fine print filled with impenetrable text decipherable only to PhDs.
June 21, 2011 - 4:13pm
| Filed under: Mortgage, Real Estate & Housing
The growing foreclosure crisis continues to rise as high unemployment rates force homeowners dire financial strits. Unemployment is now seen as a major cause of foreclosures; yet, the Administration's housing programs struggle to provide much needed relief to unemployed homeowner.
June 15, 2011 - 3:30pm
| Filed under: Automobiles
Before you visit the dealer, line up good financing with a bank or credit unit.
June 14, 2011 - 12:31pm
| Filed under: Debt Collection
Let's say you've just come home from a long day at work. Dinner's in the oven and you're working through a particularly difficult math problem with one of your children. Life's just chugging along, the way it should be.
May 31, 2011 - 5:03pm
| Filed under: Debt Collection
A debt collector cannot tell family, friends, neighbors, or co-workers about your debt or that they are trying to collect a debt from you.
April 8, 2011 - 7:07pm
| Filed under: Small Dollar Loans
Chutzpah derives from the Hebrew word ḥuṣpâ meaning "insolence", "audacity", and "impertinence." In Hebrew, chutzpah is used indignantly, to describe someone who has overstepped the boundaries of accepted behavior with no shame.