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For Release: May 11, 2009
FTC Alleges That Mortgage Lender Charged Hispanics Higher Prices for LoansThe Federal Trade Commission has charged a home mortgage lender and its owner with violating federal law by charging Hispanic consumers higher prices for mortgage loans than non-Hispanic white consumers – price disparities that cannot be explained by the applicants’ credit characteristics or underwriting risk.
For Your Information: May 11, 2009
Commission Submits FY 2010 Budget Request and GPRA Performance Plans to Congress; Commission Seeks Public Comments on Agency’s Negative Option RuleBudget request and GPRA Performance Plans submission to Congress: The Commission has approved the FTC’s FY 2010 Budget Overview Statement and the Government Performance and Results Act (GPRA) Performance Plans for FY 2009 and FY 2010. The Commission is seeking public comment on its Rule Concerning the Use of Prenotification Negative Option Plans (Negative Option Rule), 16 C.F.R. Part 425, as part of the agency’s systematic review of its rules and guides.

For Release: May 6, 2009
Competition Senior Deputy Director Ken Glazer to Leave FTCFederal Trade Commission Chairman Jon Leibowitz announced today that Ken Glazer, Senior Deputy Director of the Bureau of Competition, plans to leave the FTC this month.
For Release: May 6, 2009
FTC Testifies on Efforts to Combat Foreclosure Rescue and Loan Modification ScamsThe Federal Trade Commission today told the U.S. House Subcommittee on Housing and Community Opportunity of the Committee on Financial Services that, with the rapid increase in mortgage delinquencies and foreclosures, the FTC has intensified its efforts to protect consumers from foreclosure rescue and loan modification scams.

For Release: May 5, 2009
FTC Testifies on Data Security, Peer-to-Peer File SharingAnnounces Settlement of Case Against Mortgage Lender That Allegedly Failed to Safeguard Consumer Information

For Release: May 4, 2009
Mortgage Foreclosure ‘Rescue’ Defendants Settle FTC Charges for Deceiving HomeownersTwo individuals who lured homeowners into high-cost, short-term loans secured by an additional mortgage on their homes have settled FTC charges that they violated federal law – and a previous court order against them.
For Your Information: May 4, 2009
FTC Staff Advises Louisiana Legislature That Bill Would Restrict Competition to Provide Dental Care to the State’s Underserved Children; At FTC’s Request, District Court Halts Illegal Operations of Federal Loan Modification Law CenterFederal Trade Commission staff have filed a comment stating that proposed Louisiana House Bill 687, if enacted, would restrict competition to provide dental care to underserved children in the state. At the request of the FTC, on April 24, 2009, a U.S. district court issued a preliminary injunction against Federal Loan Modification Law Center, LLP.

For Release: May 1, 2009
FDA, FTC Warn Public of Fraudulent 2009 H1N1 Influenza ProductsOffending Web Sites and Illegal Activity Targeted for Action
For Your Information: May 1, 2009
Commission Submits Comment to FERC on Competitive Assessments of Partial Acquisitions: Careful, Case-by-Case Analysis EncouragedThe FTC has submitted a comment to the Federal Energy Regulatory Commission (FERC) concerning FERC’s competitive assessments of partial acquisitions of electric power providers, including by private equity firms holding investments in competing electric power providers (Docket No. PL09-3-000).
For Your Information: May 1, 2009
FTC Seeks Public Comments on Petition to Modify 2004 Order Regarding AOL and CompuServe to Allow the Use of Third-Party Verification for Consumer ConsentThe Federal Trade Commission is seeking public comment on a petition from America Online, Inc. and CompuServe Interactive Services, Inc. to reopen and modify a January 2004 final FTC Order concerning the two companies.
For Your Information: May 1, 2009
Tell Mom You Care About Keeping Her Personal Information Safe OnlineMom has given out lots of good advice over the years. On Mother’s Day, let her know you’re looking out for her, too.