Fight for Protections Against Predatory Lending

President Obama’s proposed Consumer Financial Protection Agency would have the power to prohibit abusive, discriminatory lending across the country—which would help to avoid another foreclosure crisis. The CFPA would be able to extend consumer protections to any lender, including currently-unregulated mortgage lenders, who made most of the risky loans that caused the foreclosure crisis. The CFPA would promote transparency and real disclosure—not endless pages of incomprehensible fine print. These protections would encourage sound, sustainable homeownership and build stronger communities.

Read more about the CFPA:

• How the CFPA would support small business
• Debunking attacks on consumer protection
• Regulators argue for status quo and oppose the Consumer Financial Protection Agency
• From the President: Financial watchdog would promote lower-cost products, consumer choice, and innovation

Contact your legislator to tell them you support consumer protections.