what they truly are: theft,” says Morgan Harper, Director of Policy & Advocacy at the American Economic Liberties Project. “These deceptive practices aren’t just annoying, they’re a real burden on the pocketbooks of millions of working families. If companies can find a way to let you subscribe to a service in 30 seconds or less,
most extreme of these, as it also appears to prohibit governments from requiring even descriptions of algorithms and their uses, in addition to secrecy rights for the detailed source code developed by programmers. No Limiting Firms’ Control of Data, Including Rights to Move, Process, and Store Personal Data Wherever the Firms Choose – based on
Last December, Economic Liberties released a policy Quick Take, “Gary Gensler Got It Right,” highlighting how SEC Chair Gensler helped contain the crypto meltdown and protect the real economy from its effects. Learn more about Economic Liberties here. ### The American Economic Liberties Project works to ensure America’s system of commerce is structured to advance,
that debt go to collections, and even be evicted," Miller continued. "That consolidation has been credibly associated with a rise in burglary and property crime. It has been shown to depress real estate values and inhibit local construction throttling economic development, and correlated to rise in unemployment, declines in median income, and worsening income inequality."
This advisory opinion clarifies that mortgage comparison-shopping platforms preferencing information from lenders that pay them kickbacks and in which they hold a financial interest are violating the Real Estate Settlement Procedures Act (RESPA). By clarifying that such practices are illegal, the CFPB is preserving competition in the mortgage lending business and making sure potential homebuyers