Good news

A round up of the latest good news, progress and actions in the public interest.

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How I’m supercharging my savings with socially responsible investing (SRI)

Consumer alerts

How I’m supercharging my savings with socially responsible investing (SRI)

Getting my finances in order has been a work in progress over several years, starting with tackling credit card debt, paying off my car loan and then building an emergency fund.  After clearing those hurdles, I set more defined financial goals and plans in motion this year, including automatic deposits into new investment accounts.

CFPB Adds Consumer Stories to Public Complaint Database

Consumer alerts

CFPB Adds Consumer Stories to Public Complaint Database

Today, the CFPB took a step to make its excellent public database of consumer complaints even better, by adding complaint narratives (stories), but only with the consumer's consent. It's a step we've long urged. It will enrich our research into the marketplace, help consumers make choices and help good-actor firms avoid bad practices by others.

Encouraging news on HUD/state AG settlement with big mortgage servicers

Consumer alerts

Encouraging news on HUD/state AG settlement with big mortgage servicers

The terms of the settlement, which was announced this morning, are at the page http://www.nationalmortgagesettlement.com. We are reading it now. Original: If I am reading the overnight news stories correctly (NY TIMES and Politico and Boston Globe), it appears that negotiators have clarified that the well-publicized settlement between HUD and state AGs and the nation's 5 largest mortgage servicers will not release the big banks from claims related to their activities with the mysterious entity known as MERS that aided and abetted their illegal foreclosures. If so, this is a big deal in ultimately holding the big banks fully accountable.

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