18 Burst results for "National Consumer Law Center"

Economic Fallout From COVID-19 Is Hard On Landlords Too

NPR's Business Story of the Day

05:57 min | 2 months ago

Economic Fallout From COVID-19 Is Hard On Landlords Too

"Explored the uncertainty from a lot of different perspectives and nothing can feel more destabilizing. The Not knowing if you're going to be able to make your rent next month we've heard on this show about how much renters who've lost income from the current crisis are struggling today. We're going to hear from the other side of that relationship. The landlord my name is Marilyn. Jim I am a small mom and pop landlord in Seattle with my husband We live in a triplex with our children and our tenants. Our House was built as a single family home in nineteen twelve by an Irish immigrant. Who had eighteen children and so? It's a good sized home sometime. In the past it was divided into a triplex. They both have day jobs but they rely on the rental income they get from several properties around the city. You know my husband will be the guy who's pushing the lawnmower so our tenants know us get to know us very well. They see us. They know that our family lives here. And and You know it's it's very much a personal up close up front relationship but that relationship has taken on a new sense of gravity since the financial crisis triggered by the pandemic all. Her tenants paid late in April and then in. May One of her tenants couldn't come up with the money at all. We came to the table with some ideas of what we could do to help. Meet them in the middle and we've come up with a plan that will take us through the next two months and then we're going to check in again in June and reassess but you know my husband and I have also had the conversation of ultimately. How long is this going to last? How long can we last? They're worried because they don't have a lot of extra money on reserve to float their mortgages if their tenants can't pay. We're not hoarding money here. And so we don't have a large cushion to tap into to get through something like this or mortgage lender is only allowing three months of forbearance and they want full repayment. At the end of free months it's hard for us to think. How are we going to get through if Are Tenants get to the point? Where there are no longer able to pay. Npr correspondent. Chris. Arnold has been looking into the dilemma that Maryland yet and many small landlords find themselves in right now and he joins us. Hey Chris Rachel so what stood out to you in Maryland Story. Will I think a lot of people are in the situation? And th there's all kinds of landlords out there and I think people tend to think about landlords is like big mean faceless corporations or you know as people rubbing their hands together wanting the money but there's just a lot of mom and POPs who were regular people and they wanna keep good tenants and they want to help them but they do depend upon this rental income right because they're not be corporations. They got bills to pay to like their mortgage and Congress mandated help for homeowners and that includes small landlords like Maryland. Were in exactly the situation and so when you play the interview for me. The the big red blinking alarm light that I heard in it was. She said that her lender told her that if she skipped payments she have to pay them all back in just a few months in this giant lump sum doesn't make any sense in this crisis in this kind of big balloon. Payment thing is is absolutely not the way that this is supposed to work. Okay so how is it supposed to work but good question So we should say that this is four home loans that our government back so by Fannie Mae or Freddie Mac and a lot of people don't even realize that their home mortgages backed by the government and somebody but seventy five percent of all homeless in the country are and so as Maryland's I checked and experts at. I've talked to say that for the vast majority of people who were struggling financially in this outbreak for them the rules say that they should make payments again when they're able to and it should be the same monthly payment their payments should not go up no big crazy. Lump sum payments should just get moved to the back and of the loan term. Okay so if it's a thirty year loan now. It's a thirty year loan plus say six months of missed payments on the back end. If these are the rules Chris Wise Maryland hearing something different and can Marilyn just push back yes she absolutely can and I've talked to borrowers who have done that. And sometimes they get a much better answer. And here's what's been going on. And after a lot of initial confusion. The Mortgage Bankers Association says that the companies are dealing with this much. Better this better information out there but the current system has a complicated set of rules and it relies on on lenders. Who've got like call center workers working from home they have to interpret this complicated set of rules properly and borrowers are sort of at the mercy of their lenders getting this right and arguably. It's not really going that well for a lot of people look at what. Maryland's going getting all SPAN INFORMATION. So that's why there are growing calls from Congress to fix this. I talked to Steve. Sharp with the nonprofit National Consumer Law Center. It's so important. We believe for Congress to step in and clearly state through law that for folks who have covid nineteen forbearance the real default should be putting their mortgage payments at the end of the lowe. Okay so just make that. The default make it automatic. So there's confusion the payments. Just go on the back end right and and some members of Congress do WANNA do this. There's a bipartisan group of State Attorneys General who were pushing for this to the CEO of a mortgage company. I talked to likes the idea and I actually called up and talked to Maryland and her husband again and I. Currently they're using their tenants security deposit and the last month's rent to sort of make up some of the difference of the rent that they're not able to pay but that's not going to be able to go on for too much longer and Maryland said look at mean having the certainty of this default option would make them much more comfortable skipping mortgage payments so that they could afford to be more flexible with with their tenants. Yeah because then. We wouldn't even need to be talking about drawing down from the money that they already put on deposit with us you know we could leave that untouched We would definitely have a whole lot more flexibility to to really see you know if if they are drawing from their savings. Maybe they don't need to do

Maryland Congress Marilyn Seattle Mortgage Bankers Association Jim I NPR Chris Wise Chris Rachel Chris CEO Fannie Mae Arnold Lowe National Consumer Law Center Steve Freddie Mac
"national consumer law center" Discussed on Manage Your Damn Money: The Podcast

Manage Your Damn Money: The Podcast

03:15 min | 3 months ago

"national consumer law center" Discussed on Manage Your Damn Money: The Podcast

"So why not have the conversation with the banks while they're generous and willing to hear you out versus waiting until July when we're already you know in the mess and they did it to forgiving so many people that they don't WanNa hear another stops Gore and they're like well too bad we're just GONNA go ahead and repossess your car or whatever like to me it? Since to take advantage of the programs the opportunities the stimulus is a whatever all now rather than wait until you know you have emergency. And then it's like it's too late right A little you know. Addition to that she mentioned sending a temporary hardship letter to lenders. If you're having trouble paying your mortgage your first step should be the seek out. Legal illegal advocate. According to the National Consumer Law Center from there you can send hardship letters to lenders like your mortgage companies. See what options they are. So it's kind of like a more formal way to go about things. Is there a reason why you would do a letter versus like phone call That probably is somebody who wrote that thinking that this is GonNa be like two thousand eight two thousand nine recovery actually requiring you to Sinden some some sort of written documentation saying you know. Please I need your help. Whereas if it's a lot of lenders just went in preemptively made it easy. So wanting to keep in mind is like the the two trillion dollar stimulus bill. That was ruled out by the federal government included funding things like Fannie Mae and Freddie Mac the two largest owners of mortgages in those backed by the government so the government rolled out money to those mortgage owners so that people who are having hardships could go ahead and file for that Forbearance and not negatively impact impact. Those folks who own Our mortgage so. You say you're not taking money away from your loan company. The federal government has already given them the money to make. So you're really. Yeah so you really just raising your hand and saying count me to help in. So it's not a thing where you're necessarily having to go through a formal application like you were in two thousand nine to get a mortgage. Can't remember what it's called. But they basically restructuring the terms of your mortgage amount mortgage modification. This isn't this is literally like we are in an emergency situation as a which is gonNA take if you say you're having a disruption income. We're GONNA take your word for Mike thanks to do. We just have to take your word for it. And then also the Economist. Malcolm federally backed mortgages Congress recently enacted the Care Act which offers released a homeowners with federally backed loans as you mentioned last year roughly sixty three percent of all US mortgages or federally backed by the government sponsored agencies under under the cares act if a homeowner request one hundred eighty days of forbearance on their federally backed mortgage. They can get it pretty much like you. Said Mach Take Your word for it and if after six months the borrowers still experiencing Disruption in income. They can request another one hundred eighty days. And that's a pretty significant amount of time when it comes to like trying to get back on your feet or find a new job or whatever..

federal government Sinden Gore Fannie Mae National Consumer Law Center Mach Freddie Mac US Mike Malcolm Congress
"national consumer law center" Discussed on Heartland Newsfeed Radio Network

Heartland Newsfeed Radio Network

02:03 min | 8 months ago

"national consumer law center" Discussed on Heartland Newsfeed Radio Network

"Purchase food for my household hold and no-one should have to make that choice. Agriculture Secretary Sonny Perdue says the proposal aims to modernize snap and reduce benefit discrepancies between states dates. I'm Eric Gladys this is P.. Ns debt collection is pushing families into poverty and needs reform in every state. That's according to a new report. We get more from Eric. Take it off. The National Consumer Law Center released a review of state exemption laws that is protections from mm seizure by creditors for basic items so that people can continue to work and support their families J Doran with the statewide poverty. Action Network says more folks are living paycheck to paycheck. People shouldn't be rendered homeless. They shouldn't be rendered jobless they shouldn't be stabilized in a way that's going to be detrimental for their family for themselves and for our greater community community at the expense of these debt. National Consumer Law Center did not give any state and eight grade a landmark. Bill was passed by the House. Judiciary Committee Wednesday that would decriminalize allies marijuana use at the federal level and give states more flexibility in creating unique regulations however it would still need to pass the full House and the Senate where it's it's expected to stall. Mass shootings often are preventable and a majority of the weapons were obtained. Legally those are just two of the findings of a comprehensive federally funded study released this week from the violence project. Suzanne Potter has more researchers. Found that shooters tend to have four things in common. They've experienced. It's a childhood trauma there. At a crisis point or nurse a specific grievance they study prior massacres and have access to a gun professor James Densely a Co.. How out there on the study says people shouldn't despair solutions are out? There are other times we just right people all that things are going to happen and bad people are GonNa do bad things. There's nothing you can do about it. But actually all data showing. There's a lot of warning signs. There's a lot of actually opportunities for intervention if we have the right pieces in place the data show that one hundred sixty seven mass shootings.

Eric Gladys National Consumer Law Center Sonny Perdue Judiciary Committee Suzanne Potter Action Network J Doran Senate Bill marijuana Co
"national consumer law center" Discussed on Heartland Newsfeed Radio Network

Heartland Newsfeed Radio Network

02:16 min | 8 months ago

"national consumer law center" Discussed on Heartland Newsfeed Radio Network

"Your rose is hunger free. Colorado's public policy manager losing more than thirty dollars. The month is a really big hit to a food budget. This is gonNA mean that more families in Colorado have to choose between. Do I pay utility bills or do I purchase food for in my household and no one should have to make that choice. US Agriculture Secretary. Sonny Perdue says the proposal aims to modernize snap and reduce benefit discrepancies between between states. I'm Eric Gladys this is pianist. Debt collection is pushing families into poverty and needs reform in every state state. That's according to a new report. We get more from Eric. Take it off. The National Consumer Law Center released a review of state exemption laws that is protections Texans from seizure by creditors for basic items so that people can't continue to work and support their families J Doran with the statewide poverty. Action Network says more folks are living paycheck to paycheck. People shouldn't be rendered homeless. They shouldn't be rendered jobless they shouldn't be stabilized in a way that's going to be detrimental for their family for themselves and for our the greater community at the expense of these debt. The National Consumer Law Center did not give any state and eight grade a landmark. Bill was passed by the House. Judiciary Committee Wednesday. That would decriminalize decriminalize marijuana use at the federal level and give states more flexibility in creating unique regulations however it would still need to pass the full House and the Senate where it's expected to stall. Mass shootings often are preventable and a majority of the weapons were obtained legally those are just two of the findings of a comprehensive prehensile federally funded study released this week from the violence project. Suzanne Potter has more researchers. Found that shooters tend to have four things in common. They've have experienced childhood trauma there. At crisis point or nurse a specific grievance they study prior massacres and have access to a gun. Professor James Densely Salihi a CO author on the study says people shouldn't despair solutions are out. There are other times we just right people. All the bad things are gonNA happen. In bad people are gonna it'd be back things and there's nothing we can do about it but actually all data showing. There's a lot of warning signs. There's lot of actually opportunities for intervention if we have the right pieces in place the data show show that one hundred.

Eric Gladys National Consumer Law Center Colorado US Sonny Perdue Judiciary Committee Action Network Suzanne Potter marijuana Senate J Doran Bill
"national consumer law center" Discussed on Heartland Newsfeed Radio Network

Heartland Newsfeed Radio Network

01:58 min | 9 months ago

"national consumer law center" Discussed on Heartland Newsfeed Radio Network

"Sonny Perdue says the proposal aims to modernize snap and reduce benefit discrepancies between states. I'm Eric Gladys this is. PMS debt collection is pushing families into poverty and needs reform in every state. That's according to a new report. We get more from Eric. Take it off. The National Consumer Law Center released a review of state exemption laws that is protections from seizure by creditors for basic items so that people can't continue to work and support their families J Doran with the statewide poverty. Action Network Work says more folks are living paycheck to paycheck. People shouldn't be rendered homeless. They shouldn't be rendered jobless they shouldn't be stabilized in a way that's going to be detrimental for their family for themselves so for our greater community at the expense of these debt. The National Consumer Law Center did not give any state and eight grade a landmark. Bill was passed by the House. Judiciary Committee Wednesday that would decriminalize marijuana use the federal level and give states more flexibility in creating unique regulations however it would still need to pass the full House and then the Senate where it's expected to stall. Mass shootings often are preventable and a majority of the weapons were obtained. Legally those are just two of the findings findings of a comprehensive federally funded study released this week from the violence project. Suzanne Potter has more researchers. Found that shooters tend to have four. Things is in common. They've experienced childhood trauma there. At a crisis point or nurse a specific grievance they study prior massacres and have access to a gun professor. Yes Sir James Densely a CO author on the study says people shouldn't despair solutions are out. There are other times we just right people all that things are going to happen. Combat people are going to do bad things. And there's nothing to do about it but actually all data showing. There's a lot of warning signs. There's a lot of actually petunias for intervention. If we have the right pieces in place the data show that one hundred sixty seven mass shootings.

Eric Gladys National Consumer Law Center Sonny Perdue Judiciary Committee Suzanne Potter J Doran Senate Bill marijuana
"national consumer law center" Discussed on Heartland Newsfeed Radio Network

Heartland Newsfeed Radio Network

02:10 min | 9 months ago

"national consumer law center" Discussed on Heartland Newsfeed Radio Network

"This is gonNA mean more families in Colorado have to choose between. Do I pay utility bills or do away purchase food for my household and no one should have to make that choice. US Agriculture Secretary. Sonny Perdue says the proposal aims to modernize snap and reduce benefit fit discrepancies between states. I'm Eric Gladys this is P.. Ns debt collection is pushing families into poverty and needs needs reform in every state. That's according to a new report. We get more from Eric. Take it off. The National Consumer Law Center released a review of state exemption laws ause that is protections from seizure by creditors for basic items so that people can continue to work and support their families J Doran with the statewide poverty. Action Network says more folks are living paycheck to paycheck. People shouldn't be rendered homeless. They shouldn't even jobless they shouldn't be stabilized in a way that's going to be detrimental for their family for themselves and for our greater community at the expense of these debt. The National Consumer Law Center did not give any state and a grade a landmark. Bill was passed by the House. Judiciary Committee Committee Wednesday. That would decriminalize. Marijuana use the federal level and give states more flexibility in creating unique regulations. However it would still need to pass the full House and then the Senate where it's expected to stall? Mass shootings often are preventable and a majority of the weapons were obtained. Legally those are just two of the findings of a comprehensive federally funded study released this week from the violence project. Suzanne Potter has more researchers. Found that shooters tend to have four things in common. They've experienced childhood trauma there. At a crisis point or nurse a specific grievance they study prior massacres and have access to a gun professor Professor James Densely a CO author on the study says people shouldn't despair solutions are out there are lower. We just right people all the bad things are GonNa the happen and people are GonNa do bad things. There's nothing to do about it but actually all data showing there's a Lotta warning signs and there's a lot of actually opportunities for intervention if we have the right pieces in place license the data show that one hundred sixty seven mass shootings have claimed twelve.

Eric Gladys National Consumer Law Center US Sonny Perdue Judiciary Committee Committee Colorado Senate Action Network Suzanne Potter Marijuana J Doran Bill
"national consumer law center" Discussed on Heartland Newsfeed Radio Network

Heartland Newsfeed Radio Network

02:03 min | 9 months ago

"national consumer law center" Discussed on Heartland Newsfeed Radio Network

"Purchase food for my household hold and no-one should have to make that choice. Agriculture Secretary Sonny Perdue says the proposal aims to modernize snap and reduce benefit discrepancies between states dates. I'm Eric Gladys this is pianist. Debt collection is pushing families into poverty and needs reform in every state. That's according to a new report. We get more from Eric. Take it off. The National Consumer Law Center released a review of state exemption laws that is protections from mm seizure by creditors for basic items so that people can continue to work and support their families J Doran with the statewide poverty. Action Network says more folks are living paycheck to paycheck. People shouldn't be rendered homeless. They shouldn't be rendered jobless they shouldn't be stabilized in a way that's going to be detrimental for their family for themselves and for our greater community community at the expense of these debt. National Consumer Law Center did not give any state and eight grade a landmark. Bill was passed by the House. Judiciary Committee Wednesday that would decriminalize allies marijuana use at the federal level and give states more flexibility in creating unique regulations however it would still need to pass the full House and the Senate where it's it's expected to stall. Mass shootings often are preventable and a majority of the weapons were obtained. Legally those are just two of the findings of a comprehensive federally funded study released this week from the violence project. Suzanne Potter has more researchers. Found that shooters tend to have four things in common. They've experienced. It's a childhood trauma there. At a crisis point or nurse a specific grievance they study prior massacres and have access to a gun professor James Densely a Co.. How out there on the study says people shouldn't despair solutions are out? There are other times we just right people all that things are going to happen and bad people are going to be bad things. There's nothing you can do about it. But actually all data showing. There's a lot of warning signs. There's a lot of actually opportunities for intervention if we have the right pieces in place the data show that one hundred sixty seven mass shootings.

Eric Gladys National Consumer Law Center Sonny Perdue Judiciary Committee Suzanne Potter Action Network J Doran Senate Bill marijuana Co
"national consumer law center" Discussed on Heartland Newsfeed Radio Network

Heartland Newsfeed Radio Network

02:05 min | 9 months ago

"national consumer law center" Discussed on Heartland Newsfeed Radio Network

"Do I pay utility bills to purchase food for my household and no one should have to make that choice. US Agriculture Secretary. Sonny Perdue says the proposal aims to modernize snap and reduce benefit discrepancies between states I'm Eric Gladys this is P.. Ns debt collection is pushing families into poverty and needs reform in every state. That's it's according to a new report. We get more from Eric. Take it off. The National Consumer Law Center released a review of state exemption laws that is protections from seizure easier by creditors for basic items so that people can continue to work and support their families J Doran with the statewide poverty. Action Network says more folks are living paycheck. Check to paycheck. People shouldn't be rendered homeless. They shouldn't be rendered jobless they shouldn't be stabilized in a way that's going to be detrimental for their family for themselves and for our greater community not at the expense of these debt. National Consumer Law Center did not give any state and eight grade a landmark. Bill was passed by the House. Judiciary Committee Wednesday. That would decriminalize is marijuana. Use at the federal level and give states more flexibility in creating unique regulations. However it would still need to pass the full House and the Senate where it's expected affected to stall? Mass shootings often are preventable and a majority of the weapons were obtained. Legally those are just two of the findings of a comprehensive federally federally funded study released this week from the violence project. Suzanne Potter has more researchers. Found that shooters tend to have four things in common. They've experienced childhood childhood trauma there at a crisis point or nurse a specific grievance they study prior massacres and have access to a gun. Professor James Densely a CO author author on. The study says people shouldn't despair solutions are out. There are other times we just right people all that things are gonNA happen and bad people are going to be bad things and there's has nothing to do about it but actually all data showing us. There's a lot of warning signs and there's a lot of actually utilities for intervention if we have the right pieces in place the data show that one hundred sixty seven mass shootings.

Eric Gladys National Consumer Law Center US Sonny Perdue Judiciary Committee Senate Action Network Suzanne Potter marijuana J Doran Bill
"national consumer law center" Discussed on Heartland Newsfeed Radio Network

Heartland Newsfeed Radio Network

02:47 min | 9 months ago

"national consumer law center" Discussed on Heartland Newsfeed Radio Network

"Seniors end minorities time is running out for the public to comment on the trump administration's third proposal this year for changing snap. The program formerly known S. Food Stamps. The latest move would cut four point five billion dollars from the program over five years by changing how states calculate benefits based on utility bills. More than seven million low income Americans are projected to see an average benefit loss of just over thirty dollars a month on your rose is hunger. Free Colorado's public policy Z.. Manager losing more than thirty dollars a month is a really big hit to food budget. This is gonNA mean that more families in Colorado have to choose between do I. I pay the utility bills or do I purchase food for my household and no one should have to make that choice. US Agriculture Secretary. Sonny Perdue says the proposal aims to modernize snap snap and reduce benefit discrepancies between states. I'm Eric Gladys this is P. N. S. debt collection is pushing families families into poverty and needs reform in every state. That's according to a new report. We get more from Eric. Take it off. The National Consumer Law Center released a review view of state exemption laws that is protections from seizure by creditors for basic items so that people can continue to work and support their families J Doran with with the statewide poverty. Action Network says more folks are living paycheck to paycheck. People shouldn't be rendered homeless. They shouldn't be rendered jobless they shouldn't be stabilized in a way that's going could be detrimental for their family for themselves and for our greater community at the expense of these debts. The National Consumer Law Center did not give any state and eight grade a landmark. Bill was passed house by the House. Judiciary Committee Wednesday. That would decriminalize marijuana use federal level and give states more flexibility in creating unique regulations however it it would still need to pass the full House and the Senate where it's expected to stall. Mass shootings often are preventable and a majority of the weapons were obtained legally elite. Those are just two of the findings of Comprehensive Federally Funded Study released this week from the violence project. Suzanne Potter has more researchers. Found on that shooters tend to have four things in common. They've experienced childhood trauma there. At a crisis point or nurse a specific grievance they study prior massacres and and have access to a gun professor James Densely a CO author on the study says people shouldn't despair solutions are out. There are other kinds. We just right people all all the bad things are gonNA happen. That people are GonNa do bad things and there's nothing to do about it but actually all data showing us. There's a lot of warning signs and there's a lot of actually opportunities for intervention. Listen if we have to ride pieces in place the data show that one hundred sixty seven mass shootings have claimed twelve hundred two.

National Consumer Law Center Colorado Eric Gladys US Sonny Perdue Judiciary Committee Action Network Suzanne Potter marijuana Senate J Doran Bill
"national consumer law center" Discussed on Heartland Newsfeed Radio Network

Heartland Newsfeed Radio Network

02:03 min | 9 months ago

"national consumer law center" Discussed on Heartland Newsfeed Radio Network

"I purchase food for my household and no one should have to make that choice. US Agriculture Agriculture Secretary. Sonny Perdue says the proposal aims to modernize snap and reduce benefit discrepancies between states. I'm Eric Gladys this is P.. Ns debt collection is pushing families into poverty and needs reform in every state. That's according to a new report. We get more from Eric. Take it off. The National Consumer Law Center released a review of state exemption laws that is protections from seizure by creditors for basic items so that people can continue to work and support their families J Doran with the statewide poverty. Action Network says more folks are living paycheck to paycheck. People shouldn't be rendered. Homeless Muscle shouldn't be rendered jobless. They shouldn't be stabilized in a way. That's going to be detrimental for their family for themselves and for greater community at the expense of these debts for National Consumer Law Center did not give any state in grade a landmark. Bill was passed by the House. Judiciary Committee Wednesday that would decriminalize marijuana use of the federal level and give states more flexibility in creating unique regulations however it would still need to pass the full House and the Senate where it's expected to stall. Mass shootings often often are preventable and a majority of the weapons were obtained. Legally those are just two of the findings of a comprehensive federally funded study released this week from from the violence project. Suzanne Potter has more researchers. Found that shooters tend to have four things in common. They've experienced childhood trauma there. At a crisis point or nurse a specific grievance they study prior massacres and have access to a gun. Professor James Densely a CO author on. The study says people shouldn't despair despair. Solutions are out. There are other times we just right people. All bad things are going to happen and people are going to be bad things and there's nothing you can do about it but actually all data it is showing us. There's a lot of warning signs. There's a lot of actually opportunities for intervention if we have the right pieces in place the data show that one hundred sixty seven mass shootings.

Eric Gladys National Consumer Law Center US Sonny Perdue Judiciary Committee Suzanne Potter Action Network J Doran Senate Bill marijuana
"national consumer law center" Discussed on Heartland Newsfeed Radio Network

Heartland Newsfeed Radio Network

02:05 min | 9 months ago

"national consumer law center" Discussed on Heartland Newsfeed Radio Network

"Do I pay utility bills or do I purchase food for my household household and no one should have to make that choice. US Agriculture Secretary. Sonny Perdue says the proposal aims to modernize snap and reduce benefit discrepancies between estates. I'm Eric Gladys this is P. N. S. debt collection is pushing families into poverty and needs reform in every state. That's according to a new report. We get more from Eric. Take it off. The National Consumer Law Center released a review of state exemption laws that is protections sounds from seizure by creditors for basic items so that people can't continue to work and support their families J Doran with the statewide poverty. Action Network says more folks are living paycheck to paycheck. People shouldn't be rendered homeless. They shouldn't be rendered jobless they shouldn't be stabilized in a way that's going to be detrimental for their family for themselves and for our greater community at the expense of these debt. National Consumer Law Center did not give any state an eighth grade a landmark. Bill was passed by the House. Judiciary Committee Wednesday. That would decriminalize criminalized marijuana use at the federal level and give states more flexibility in creating unique regulations however it would still need to pass the full House and the Senate where it's expected to stall. Mass shootings often are preventable and a majority of the weapons were obtained legally those are just two of the findings of a Comprehensive Ansah federally funded study released this week from the violence project. Suzanne Potter has more researchers. Found that shooters tend to have four things in common. They've experienced variance childhood trauma there at a crisis point or nurse a specific grievance they study prior massacres and have access to a gun. Professor James Densely a CO author on the study says people shouldn't despair. Solutions are out. There are a lot of times we just right people. All the bad things are going to happen in bad people are GonNa do bad that things and there's nothing we can do about it but actually all data showing us. There's a lot of warning signs and there's a lot of actually opportunities for intervention if we have the right pieces in place the data show that at one hundred sixty seven mass shootings.

Eric Gladys National Consumer Law Center US Sonny Perdue Judiciary Committee Suzanne Potter marijuana Senate Comprehensive Ansah Action Network J Doran Bill
"national consumer law center" Discussed on Heartland Newsfeed Radio Network

Heartland Newsfeed Radio Network

02:37 min | 9 months ago

"national consumer law center" Discussed on Heartland Newsfeed Radio Network

"Snap the program formerly known as food stamps. The latest move would cut four point five billion dollars from the program over five years by changing. How states calculate benefits based on utility the bills more than seven million low income Americans are projected to see an average benefit loss of just over thirty dollars a month on your rose is hunger free? Colorado's his public policy manager. Losing more than thirty dollars. A month is a really big hit to a food budget. This is gonNA mean that more families in Colorado have to choose between. Do I pay the utility bills to purchase food for my household and no one should have to make that choice. US Agriculture Secretary. Sonny Perdue says the proposal aims to to modernize snap and reduce benefit discrepancies between states. I'm Eric Gladys this is P.. Ns debt collection in is pushing families into poverty and needs reform in every state. That's according to a new report. We get more from Eric. Take it off. The National Consumer Law Center enter released a review of state exemption laws that is protections from seizure by creditors for basic items so that people can't continue to work and support their families J Doran with the statewide poverty. Action Network says more folks are living paycheck to paycheck. People shouldn't be rendered homeless. Shouldn't be rendered jobless. They shouldn't be stabilized in a way. That's going to be detrimental for their family for themselves and for our greater community at the expense of these debt. The National Consumer Law Center did not give any state and eight grade. A A landmark. Bill was passed by the House. Judiciary Committee Wednesday. That would decriminalize. Marijuana use the federal level and give states more flexibility in creating unique regulations however it would still need to pass the full House and the Senate where it's expected to stop. Mass shootings often are preventable and a majority of the weapons were obtained legally those are just two of the findings of a comprehensive federally funded study released this week from the violence project. Suzanne Potter has more researchers. Found that shooters tend to have four things in common. They've experienced childhood trauma there. At a crisis point or nurse specific grievance they study prior massacres S. occurs and have access to a gun professor James Densely a CO author on the study says people shouldn't despair solutions are out. There are other kinds. We just bright people off the that things are going to happen. In bad people are going to be bad things. And there's nothing you can do about it but actually all data showing there's a lot of warning signs and there's a lot of actually opportunities inches for intervention if we have the right pieces in place the data show that one hundred sixty seven mass shootings.

Eric Gladys National Consumer Law Center Colorado US Sonny Perdue Judiciary Committee Action Network Suzanne Potter Marijuana Senate J Doran Bill
"national consumer law center" Discussed on Heartland Newsfeed Radio Network

Heartland Newsfeed Radio Network

02:04 min | 9 months ago

"national consumer law center" Discussed on Heartland Newsfeed Radio Network

"Pay. Utility bills are due. I purchase food for my household and no one should have to make that choice. US Agriculture Agriculture Secretary. Sonny Perdue says the proposal aims to modernize snap and reduced benefit discrepancies between states. I'm Eric Gladys this is P.. Ns debt collection is pushing families into poverty and needs reform in every state. That's according to a new report. We get more from Eric. Take it off. The National Consumer Law Center released a review of state exemption laws that is protections from seizure by creditors for basic items so that people can continue to work and support their families J Doran with the statewide poverty. Action Network says more folks are living paycheck to paycheck. People shouldn't be rendered homeless voice. They shouldn't be rendered jobless they shouldn't be stabilized in a way that's going to be detrimental for their family for themselves and for greater community at the expense of these debts for National Consumer Law Center did not give any state in grade a landmark. Bill was passed by the House. Judiciary Committee Wednesday that would decriminalize marijuana use of the federal level and give states more flexibility in creating unique regulations however it would still need to pass the full House and the Senate were expected to stall mass. Shootings often often are preventable and a majority of the weapons were obtained. Legally those are just two of the findings of a comprehensive federally funded study released this week from from the violence project. Suzanne Potter has more researchers. Found that shooters tend to have four things in common. They've experienced childhood trauma there. At a crisis point or nurse a specific grievance they study prior massacres and have access to a gun. Professor James Densely a CO author on the study says people shouldn't despair. Spare solutions are out. There are other times we just right people. All bad things are going to happen and people are going to be bad things and there's nothing we can do about it but actually all data this showing us. There's a lot of warning signs. There's a lot of actually opportunities for intervention if we have the right pieces in place the data show that one hundred sixty seven mass shootings.

Eric Gladys National Consumer Law Center US Sonny Perdue Judiciary Committee Suzanne Potter Action Network Senate J Doran Bill marijuana
"national consumer law center" Discussed on KNX 1070 NEWSRADIO

KNX 1070 NEWSRADIO

04:48 min | 1 year ago

"national consumer law center" Discussed on KNX 1070 NEWSRADIO

"Of the past several years for numerous violations of US customers trust and at a time with a big California based bank was looking to repair its reputation it once again is being accused of some shady business practices this time the criticism center on accounts that some of its customers thought they had closed down but those closed account some ever made opened and some unexplained weight continuing to rack up overdraft fees and other fines as functions like auto paid remained turned on in some cases it left customers with thousands of dollars worth of fees Laurence Saunders is associate director of the national consumer law center Lauren you know into of I think was nineteen eighty Ronald Reagan in a debate with Jimmy Carter famously turned to him and said there you go again and I kind of feel like that is an appropriate thing for Wells Fargo there they go again one had good question I just never ends with this bank does it they just seems to be a culture of of collecting fees and taking advantage of people that they can't seem to root out it seems to be from the top to the bottom is there any real reason for them to behave though because it they get you know fines and finds is like change the find of the counts to pay well that's right I mean that's why we need in a strong enforcement of our laws and was strong action when banks take advantage of people and unfortunately overdraft fees are one of the places where banks you know many banks the Wells Fargo was particularly bad you know the uses a cash cow rather than taking it that taking care of their customers in using overdraft such as an occasional courtesy for the occasional bought them checked okay I'm gonna ask you really sort of stupid dumb naive question all three of those bundled into one and a lot of businesses if a normal business and non bank were to do half the things that Wells Fargo has either been accused offered mated to they would be out of business a long time ago so is it just because it's a bank that it's still in business and why a good question I you know it's hard to change your bank account I think is one of the biggest reasons you know you have autopay set up you've been there a long time and it is not so easy just to pick up and go and you know they've they've got a big foot print in some places there may not be other convenient banks and you know clearly the regulators are just not being tough enough on them so is this enough that customers are going to begin this saying you know it's gonna be worth it to remove my business from this bank but even if they do it they're keeping accounts open a charging people it what's to stop Wells Fargo from dropping the ball and and still charging people leave the bank yeah I mean you really have to be careful we know when your clothes in account make sure that it is a hard close sometimes things to what they call a soft clothes which allows in a debit to continue to come in and see if they continue to rack up a you've got a check in the auto pays that you have coming out of your account and and change them make sure that things are set up with another account and if their problems you've got a report that report and your state Attorney General report them to the consumer financial protection bureau you know we did of course reach out to Wells Fargo to provide a statement we haven't heard back from them but the bank did tell the New York times that they are focused on continually improving the process of closing down customer accounts do you see any evidence that they are in fact doing it and why would it take so long why don't they just close yeah I don't know why it takes this long I mean this is not a new problem several years ago there was a problem at chase where people who had gotten stuck with payday loans and try to close their accounts were having peas continuing to come out of them and chase after being sued eventually you know made some changes so that a close a close and you don't keep getting these fees and in other banks have taken notice and I don't know why took wells are but this long it's kind of like when you trying to cancel your direct TV or internet provider account they just they make it so hard that you can't get out of the banks doing this same kind of thing here well I'm not sure if it's the deliberately trying to make it hard to get out it's just that they have these prophecies set up that they're not paying attention to apparently even after getting a lot of complaints from their own collectors all right thank you Lawrence Saunders is associate director of the national consumer law center eight o'clock tonight if you wanna hear repeaters KNX in debt from continuing about three minutes the CIA continues to find it's footing in the unpredictable post nine eleven world get told baby right now all jeans are on sale up to fifty percent off from this fifteen Bucks for adults ten Bucks for kids try on a pair in store and save even more with five Bucks off.

California US fifty percent three minutes
"national consumer law center" Discussed on KCBS All News

KCBS All News

01:37 min | 1 year ago

"national consumer law center" Discussed on KCBS All News

"Southbound and in the Sierra on eighty chains required from king veil to Donner lake your next traffic update. One twenty eight on the traffic leader KCBS. Our thanks J are sixteen forecast. Sunny today after more clouds and a few stray showers, highs from the mid sixties to seventy degrees, sunny warmer on Wednesday with highs in the mid seventies. And even warmer Thursday. We'll see those inland. Highs rates the low eighties. Partly cloudy and sunny cool Friday through the weekend with ice in the sixties and seventies. Now, we're looking at fifty two degrees in Santa Rosa, San Rafael is at fifty three same temperature in Oakland fifty four now concord fifty five and San Francisco and Bill Bray fifty three and Redwood City and currently fifty two in San Jose, traffic and weather together on the aids and all news one of six nine AM, seven forty KCBS. Whenever news happens. Wherever news happens work here for you all day all night count on us. Only one of six nine AM seven forty KCBS. KCBS news time one twenty robo calls increased three hundred and seventy percent and less in less than the less in less than four years. And March of this year alone over five billion robo calls were made maybe got one get some relief. Legislation is starting to move through congress. One FCC Commissioner is pushing hard for regulatory action. Margot Saunders is the senior counsel for the national consumer Law Center, testified last week in front of the Senate committee on commerce.

KCBS Donner lake San Jose San Francisco Bill Bray Margot Saunders San Rafael FCC Santa Rosa Redwood City Senate committee senior counsel congress Commissioner national consumer Law Center Oakland fifty two degrees seventy degrees seventy percent eighty chains
"national consumer law center" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

01:39 min | 2 years ago

"national consumer law center" Discussed on WNYC 93.9 FM

"Since one hundred and forty three million American consumers learned that their data had been hacked from the giant credit. Reporting company, equifax steps were taken accounts were frozen and consumer inconveniences were imposed corporate inconveniences fewer. Marketplace's were not a -sego has that one. Or news broke out about the massive equifax data breach yet L ESPN banal acted quickly. See apply for a complimentary credit freeze from the company. I was just like nervous about it. I was like, oh boy like hundreds of thousands of people deformation, you'd never know. She's still frozen and says now her information feel safer, and she has no plans to apply for a loan or meet the credit check that would be required to get it. So she's good Ron Penick. He's also still frozen. I last Marci froze with equifax and then pay for a freeze from the two other credit reporting agencies trans union and experien- frozen is where he wants to be. I don't see myself unfreezing it. Anytime soon just because there's still so many other institutions that are getting act when it comes to help for consumers after a data breach. Chichi? Woo staff. Attorney with the national consumer Law Center says the credit freeze approach. Well, basically, that's loose credit is frozen. So her husband's and her sons, I had some frozen even before the equifax data breach. I had my wallet stolen, and I was like, that's it. And after the breach she decided to keep the freeze in place, and the is not over lawsuits against equifax are moving through the courts in many states. If your information was hacked, you might even be part of a class action lawsuit unless you opt out and see facts on your own. I'm.

equifax Ron Penick ESPN national consumer Law Center Marci Attorney
"national consumer law center" Discussed on KQED Radio

KQED Radio

02:48 min | 2 years ago

"national consumer law center" Discussed on KQED Radio

"And now that we have all places Guy kinda gotta sensitive accomplishment We have handy And, Heff it says if they decide they can't or don't, want to buy they'll get at least some of. Their money back if they stay for the, full three years, they walk away they get their full ten percent of either the appraised or or sold value of the house minus a small share. Of broker fees if they leave or default, before three years they get back half the. Equity they've built the model. Has its skeptics Sarah Manzini is a lawyer with the national. Consumer Law Center she's been tracking so-called. Alternative home-buying schemes the idea of any of these alternatives is that you will eventually qualify for a mortgage to, buy this house but if you can't qualify for, a mortgage today it's difficult to assure you that you will be able to. In three, years Manzini says most people considering rent to own deals would be better off waiting until they can qualify for. A traditional, mortgage Hefetz says divvy only considers people who've been working for at least a year and have a FICO score. Above five fifty we don't want to underwrite anyone who we don't. Think we'll have Opportunity Tobias out and three, years from now the company also invests only in houses that cost less than. One hundred, and fifty thousand dollars in neighborhoods where prices are expected to rise so far in the Cleveland Atlanta and Memphis. Areas it, says divvy has done more than a dozen deals since it launched late last year not a track record yet. But at least one of them has gone from rent to own Jonathan Bruce is an air force veteran but his damaged credit kept him from getting a VA loan then he saw divvy. Ad on Facebook he and his wife Deborah picked out a little brick bungalow in south, Euclid Ohio was totally we, have top to bottom paint it I mean we just moved in Then they. Got us surprise, basically the first day we move into. The home, my credit score roles You know so I started the process with. The VA, I started the process all over again a ban on he was approved for. A mortgage he says the process of qualifying for divvy may have helped within a couple of months the, BRUCE'S bought divvy out close to sixteen thousand dollars. More than divvy had just. Paid for the house but someone to call our, own something for us We both have together in a landlord Well landlords and without divvy the BRUCE'S monthly. Payments have dropped by nearly. Thirty percent I'm Amy Scott for marketplace Coming..

Sarah Manzini Jonathan Bruce Hefetz Consumer Law Center Facebook Amy Scott VA Tobias Cleveland Deborah Euclid Ohio Memphis Atlanta three years sixteen thousand dollars fifty thousand dollars Thirty percent ten percent
"national consumer law center" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

02:27 min | 2 years ago

"national consumer law center" Discussed on WNYC 93.9 FM

"Large financial institutions second take less positive someday entat's with the heritage foundation they have promulgated a grave many worlds many of which have made consumer financial products and services more costly and harder to obtain trump has been vocal about his dislike for the cfpb but he can't quite wish it away it was created by congress and so can't just be shuttered the open question is how much he could hollow it out such that a labour administration clinton just change everything back again andrew metric is at the yale school of management i don't think it value the absent changing the statute to have a war hong tom impact on the ability of the cfpb do its job still consumer advocates are worried worn sanders is with the national consumer law center we will probably see much more lax enforcement against bank charging dissect with the debt collectors abusing people do not lenders not applying people's payments correctly we may even see losses the ben filed drop she says rolling back existing rules is trickier and would take longer but that's also possible i'm tracy samuelsen for marketplace just because there is not enough going on in washington this week congress is back from its thanksgiving break in republicans are doing their best to tweet the tax plan to get enough votes to get the thing through the senate that means political horse trading and in a new report from the congressional budget office this weekend what it is going to mean dollars was to repeal the obamacare individual mandate as the senate bill as it stands now does marketplace kimberly adams has more on how the cbo sees the numbers this cbo looked at how repealing the mandate and other tax bill changes might play out across various income levels in the early years at wind hurt lowincome families elizabeth lower bashes with the center for law and social policy it one have modernised positive affects for some mental income families and it when give huge benefits to the wealthiest families the numbers look particularly bad for those towards the bottom of the income scale says luke schaefer director of the poverty solutions project at the university of michigan for household below thirty thousand in just the next few years they're gonna see sort of their net benefits decrease the cbo argument is that without.

senate university of michigan luke schaefer kimberly adams thanksgiving tracy samuelsen yale school of management director cbo entat washington ben sanders andrew metric clinton congress cfpb