Center for Responsible Lending

Center for Responsible Lending News

Thumbnail for Center for Responsible Lending: Qualified Mortgages Protect Borrowers

Center for Responsible Lending: Qualified Mortgages Protect Borrowers

The Center for Responsible Lending has published a fact sheet to help consumers navigate the qualified mortgage borrowing process. Read More
Thumbnail for MacArthur Announces 2012 Winners of Award for Creative and Effective Nonprofits

MacArthur Announces 2012 Winners of Award for Creative and Effective Nonprofits

Their missions are diverse – from protecting ecosystems to defending children’s rights, from empowering girls to strengthening neighborhoods, from investigative reporting to eliminating abusive financial practices. Read More
Thumbnail for Center for Responsible Lending, 2012 MacArthur Award for Creative & Effective Institutions

Center for Responsible Lending, 2012 MacArthur Award for Creative & Effective Institutions

Center for Responsible Lending researches and publicizes predatory lending practices to advance reforms that help ordinary Americans. Read More
Thumbnail for MacArthur Award for Creative & Effective Institutions: Past Recipients

MacArthur Award for Creative & Effective Institutions: Past Recipients

Since 2006, MacArthur has recognized and awarded over 50 organizations for their innovative approaches to solving problems across the Foundation's programs. Read More

President Signs Bill Creating New Consumer Financial Protection Agency

MacArthur grantee the Center for Responsible Lending played a lead role in the formation of the Bureau, which will put in place comprehensive mortgage protections and help borrowers facing foreclosure. Read More

Bank of America Eliminates Costly Overdraft Fees

Research and advocacy by MacArthur grantee the Center for Responsible Lending played a leading role in spurring the bank's policy shift, expected to save customers hundreds of millions of dollars. Read More

Report Helps Prompt Banks to Modify Overdraft Fees

The Center for Responsible Lending, a MacArthur grantee, released a report on the overdraft fees collected by banks and credit unions, which helped prompt fee modification by some of the nation's biggest banks. Read More

MacArthur's Jonathan Fanton Presses For More Housing-Related Grants

In this op-ed published in the Chronicle of Philanthropy, MacArthur President Jonathan Fanton urges foundations to focus on housing issues in the wake of the foreclosure crisis. Read More

MacArthur Commits $68 Million to Foreclosure Prevention and Mitigation in Chicago

To help combat the growing lending crisis and the rise of foreclosures in Chicago, MacArthur is investing $68 million in grants and low-interest loans in foreclosure prevention and mitigation efforts in local neighborhoods. Read More

Ohio Sets Cap on Payday Loan Interest Rates

Ohio Governor Ted Strickland signed legislation that will cap interest rates on payday loans to 28 percent, compared with current rates that approach 400 percent. MacArthur grantee the Center for Responsible Lending provided technical assistance, research ... Read More