Authors Posts by Woodstock Institute

Woodstock Institute

Woodstock Institute

Trusted research, policy, and advocacy organization advancing causes of financial justice, economic security, and community prosperity.

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Phone: (312) 368-0310
Fax: (312) 368-0316

Don’t Let Payday Loans Turn Your Holiday Dreams Into A Nightmare

This holiday season, many will be tempted to turn to payday loans, auto title loans, or high-cost installment loans to purchase gifts. In fact, payday lenders make their greatest profits this time of year. With some of these loans carrying triple-digit interest rates, consumers can find themselves trapped in a cycle of debt, paying for gifts long after the holiday spirit has faded.

Consumer and Small Business Advocates Oppose OCC’s Plan to Offer Fintech Lending Charters

Today, the Office of the Comptroller of the Currency (OCC) announced its intention to offer national charters to financial technology firms, which could severely undermine state oversight and state consumer protection laws that protect consumers and small business owners from abusive financial products and practices. The OCC is accepting comments on its framework until January 15, 2017.

Consumer Advocacy Groups Condemn Federal Court’s Decision Regarding CFPB

The Washington D.C. Circuit Court of Appeals issued a ruling against the Consumer Financial Protection Bureau (CFPB) in PPH Corporation v. CFPB, a case dealing with the CFPB’s ability to order New Jersey mortgage-lending company PPH to pay a $109 million enforcement penalty after the corporation was found offering illegal kickbacks to mortgage insurance partners.

Popular Government & Nonprofit Press Releases

DOE

Department of Energy Provides $40 Million for 4 DOE Bioenergy Research...

U.S. Secretary of Energy Rick Perry today announced $40 million in Department of Energy awards for the establishment of four DOE Bioenergy Research Centers (BRCs), which will provide the scientific breakthroughs for a new generation of sustainable, cost-effective bioproducts and bioenergy.

Recent Government & Nonprofit Press Releases

New Home Sales Data

TEXAS NEW HOME PRICES INCREASE, SALES PACE SHOW SIGNS OF SLOWING

New home sales prices are increasing, and the pace of new home sales are showing signs of slowing in the four largest homebuilding markets in Texas, but total new home sales remain solid, according to the HomesUSA.com® New Homes Sales Index and other new home sales data released today.