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April 2020 Article Archive

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New CFPB Rules Will Fail To Protect Consumers From Predatory Lenders
thefinancialclinic.org | April 27, 2020
Yesterday, the Consumer Financial Protection Bureau (CFPB) announced its intention to rescind key provisions of the Bureau’s 2017 payday lending rules. These changes mean that payday lenders will once again be allowed to make loans without taking a borrower’s ability to repay them into account. Consider this for a moment: this rule change makes clear that payday lenders are free to offer products that are not only not in a borrower’s best interest, but are specifically meant to extract wealth.
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"We Need Your Help to Fight the CFPB as More Foreclosures Are imminent and They Want to Protect Banks"
cfla.com | April 23, 2020
Hello Loyal Customer of CFLA: Without you CFLA would not be able to serve the thousands of people in the USA Europe and Australia. As you know, we are facing a battle with the CFPB the most dilatory federal agency in existence. They are supposed to be protecting consumers but call them and see if they will help you. No they do not help. CFLA however, has been helping customers since 2007 and maintains an A+_+ rating with the BBB and provides a valuable service.
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Securitization Claims Are a Matter of Facts and Reality, Not Opinion
livinglies.me | April 20, 2020
I am in constant contact with several very supportive readers who, understanding part of the process of securitization, have then launched their own version of what happened. So this article is intended to give those who are interested a peak at reality and facts instead of internet speculation and opinion. If someone hits you over the head with a sledge hammer it is a fact, not an opinion. Not everything is up for discussion when it comes to history.
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If it’s not a loan, then what was it?
livinglies.me | April 17, 2020
As many homeowners are still finding out, they are confronted by a pallet of entities who are constantly rotating as though the mortgage scene was some giant display. Like their lawyers they are completely confused by the difference between their perceptions and reality in which they find themselves.
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