Improving New York's Deceptive Acts and Practices Statute
May 14, 2010
Every state has a statute or collection of statutes intended to target unfair and deceptive acts and practices (UDAP) that occur in the course of business transactions. A strong UDAP statute contributes to consumer protection in two significant ways. Read More
NYRL Supports Immediate Passage of Legislation to Prevent Foreclosures
November 16, 2009
New Yorkers for Responsible Lending statement in support of Governor's program bill #46 that would improve and expand the foreclosure settlement conference process and the 90-day pre-foreclosure notice requirement, provide crucial protections for tenants in foreclosed properties, and protect neighborhoods with high rates of foreclosure by mandating that lenders maintain foreclosed properties. Read More
Consumer Financial Protection Agency Required Now
November 2, 2009
As Congress takes up the issue of financial reform this fall, it should pass legislation creating a Consumer Financial Protection Agency (CFPA) to protect consumers from abusive financial products. Read More
Foreclosure Prevention: State and Federal Update
August 13, 2009
It’s not like anyone needs to read another article these days about foreclosures and what they are doing to our economy. New York State, however, has taken unprecedented steps to address the problem, as has President Obama’s administration. Read More