Resources
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Joint Comment Letter to OCC, on Banks’ Sales of Charged-off Consumer Debt
With allies, New Economy Project calls on the Office of the Comptroller of the Currency to issue strong guidance restricting banks’ sales of charged-off consumer debts.
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Maps: Mortgage Lending Disparities in NYC
Maps show stark inequities in mortgage lending based on race, as banks continue to deny fair access to conventional mortgages in black and Latino neighborhoods.
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Amicus Brief, on New York Bankers Association v. City of New York
New Economy Project files an amicus (“friend of the court”) brief in federal court, opposing the New York Bankers Association’s attempt to block the NYC Responsible Banking Act.
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Comment Letter, on Proposed Rulemaking regarding Loans in Areas Having Special Flood Hazards
New Economy Project and members of New Yorkers for Responsible Lending urge the federal banking regulators to enact strong rules on force-placed flood insurance.
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Comments to OCA, on Proposal Relating to Consumer Debt Collection Cases
New Economy Project submits letter opposing NYS Office of Court Administration’s proposed rule, and detailing recommendations to address rampant “robo-signing” by debt collectors.
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Amicus Brief, on Eric M. Berman, P.C. v. The City of New York
New Economy Project submits a 2013 amicus brief in support of New York City’s authority to regulate debt collection attorneys.
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Comment Letter to NYS Dept. of Financial Services, on Regulation of Force-Placed Insurance
New Economy Project and members of New Yorkers for Responsible Lending applaud DFS’s actions on force-placed insurance and call for strong rules to prohibit abusive practices.
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Amicus Brief, on The Otoe-Missouria Tribe of Indians et al. v. New York State Department of Financial Services et al.
New Economy Project files a 2013 amicus (“friend of the court”) brief in support of New York State’s crackdown on illegal online payday lending.
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Comment Letter to NYS Dept. of Financial Services, on Proposed Debt Collection Rules
New Economy Project provides detailed recommendations to strengthen DFS’s proposed debt collection rules.
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CDFIs & Walmart
A primer on Walmart’s harmful impact on communities, small businesses, and Community Development Financial Institutions (CDFIs).