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Tag: predatory lending
Leon Martinez never expected to fall prey to a sucker loan. “You read about it. You hear about it happening to people. And you kinda...
An online subprime loan company accused of charging consumers rates in excess of Colorado law has been barred from doing business in the state....
Calling themselves "giant killers" the Colorado Progressive Coalition (CPC) announced a campaign of "organized chaos" against Wells Fargo Thursday morning for what the group said were the bank's predatory practices and illegal foreclosures.
Memphis city officials have filed a lawsuit charging mortgage-loan giant Wells Fargo with discrimination. The New York Times reports: The lawsuit, filed in federal court...
When U.S. Housing and Urban Development Secretary Shaun Donovan announced last week that first-time homebuyers soon will be permitted to turn their $8,000 tax credit for purchasing a property into downpayment money, he called the development “exciting” and “a real win for everyone.” But his enthusiasm isn’t universal.