For families, reform’s impact limited

Posted on 28. Jul, 2010 by admin in Predatory Lending

For families, reform’s impact limited
The new financial regulation and consumer protection bill is supposed to create a sound economic foundation … but to the family living paycheck to paycheck it’s just bringing change to the way business is done.
Read more on The Cincinnati Enquirer

Pro Bono attorneys needed and supported in foreclosure defense work
With each filing, the homeowner receives a notice that he or she should consider legal assistance and if the homeowner can’t afford an attorney, he should seek help at Jacksonville Area Legal Aid (JALA). Dozens of homeowners take that suggestion and contact JALA for assistance each month.
Read more on Jacksonville Daily Record

Study Finds Americans’ Economic Insecurity at 25-Year High
One day after President Obama signed a financial-reform law aimed at curbing predatory lending and preventing another financial collapse, a new study shows that Americans are less economically secure now than at any other time over the last 25 years. The Rockefeller Foundation study looked at three typical measurements of economic insecurity—decreased income, high out-of-pocket medical bills …
Read more on Newsweek

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