Search Results for keywords:"consumer financial protection"

Search Results: keywords:"consumer financial protection"

S. 4265 — To amend the Truth in Lending Act and the Real Estate Settlement Procedures Act of 1974 to establish language access requirements for creditors and servicers, and for other purposes.
May 07, 2024
Status:Introduced in Senate
Congress:118
Words:3,775
The Improving Language Access in Mortgage Servicing Act of 2024 aims to ensure that borrowers with limited English proficiency can access mortgage information in their preferred language. It amends the Truth in Lending Act and the Real Estate Settlement Procedures Act to...
Simple Explanation
The bill asks for new rules so people who speak different languages can easily understand and get help with their home loans. It wants to make sure important papers and help are available in many languages so everyone can know what's happening with their house payments.
H. R. 6692 — To amend the Consumer Financial Protection Act of 2010 to establish the position of the Assistant Director and Student Loan Borrower Advocate of the Bureau of Consumer Financial Protection, to establish the Office for Students and Young Consumers of the Bureau, and for other purposes.
December 11, 2023
Status:Introduced in House
Congress:118
Words:1,756
The Students and Young Consumers Empowerment Act aims to amend the Consumer Financial Protection Act of 2010 by creating the role of Assistant Director and Student Loan Borrower Advocate. This position will lead the newly established Office for Students and Young Consumers...
Simple Explanation
The bill wants to help students by making a new leader and office to give advice about student loans and teach about money, but there are worries it might repeat work others already do and cause privacy issues.

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