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| A Fine for No Crime Wall Street Journal This so-called disparate-impact analysis takes no account of bargaining between lenders and borrowers, or other factors that might relate to credit-worthiness. It also doesn't consider the intent to discriminate, which is required in most other realms ... See all stories on this topic » | ||
| Wells Fargo to pay $175 million to settle lending bias case Los Angeles Times No 1. home lender Wells Fargo & Co. has agreed to pay at least $175 million to settle federal allegations that it systematically overcharged minorities during the frenzied housing boom, including steering African Americans and Latinos into more ... See all stories on this topic » | ||
| National Fair Housing Alliance Applauds DOJ's Fair Lending Settlement with ... MarketWatch (press release) "The actions of many of our nation's largest lenders have also led to a large inventory of bank-owned properties that are not being properly maintained or marketed in communities of color. As a result, many municipalities are left with a declining tax ... See all stories on this topic » | ||
| In Housing Rebound Lenders Speed Foreclosures Businessweek U.S. lenders are notifying more delinquent homeowners they face foreclosure, a step toward clearing a backlog of properties and helping to accelerate a housing recovery. See all stories on this topic » | ||
| The Nation's Largest Home Mortgage Lender Agrees To Pay At Least $175M Examiner.com Wells Fargo, the nation's largest home mortgage lender has agreed to pay at least $175 million to settle accusations that its independent brokers discriminated. See all stories on this topic » | ||
| Wells Fargo Pays Settlement For Racist Lending Practices SF Weekly (blog) Wells Fargo, the San Francisco-based banking giant, has agreed to pay a $175 million settlement for discriminatory lending practices... See all stories on this topic » | ||
| Mortgage Hits Keep Coming, Wells Fargo Pays $175 Million To Settle ... Forbes The banks denied claims that it engaged in systemic discrimination that resulted in more than 34000 African Americans and Hispanic borrowers paying an increased rate for home loans. See all stories on this topic » | ||
| Wells Fargo to pay $175M to settle lending discrimination probe Bizjournals.com (blog) Wells Fargo agreed to a settlement with the U.S. Department of Justice that will... See all stories on this topic » | ||
| Wells Fargo to Exit Wholesale Lending Mortgage Rates & Trends (blog) Today Wells-Fargo announced that they are exiting the wholesale lending business, leaving a gaping hole in the wholesale landscape. The exit follows the settlement of a lawsuit between the Department of Justice and Wells Fargo. The lawsuit stemmed from ... See all stories on this topic » | ||
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| Wells Fargo Faces Borrower's 'Force-Placed' Insurance Suit Businessweek He also said the lender bought a flood insurance policy on his Pompano Beach home while his own coverage was still in effect. Fladell, a lawyer, is seeking class-action status on behalf of all borrowers in the same situation. Ancel Martinez, a ... See all stories on this topic » | ||
| $175 million settlement reached with Wells Fargo over discriminatory lending The Rock River Times Online Staff Report WASHINGTON, D.C. — Illinois Attorney General Lisa Madigan (D) and the U.S. Department of Justice announced July 12 a $175 million joint. See all stories on this topic » | ||
| Car Loans Service Connects Lenders to Borrowers Seeking Auto Loan Financing San Francisco Chronicle (press release) The service removes the need for car loan hunters to search around online to compare rates with other lenders and may be useful to those who are in the process of rebuilding their credit files after setbacks. [...] we encourage customers to use it to ... See all stories on this topic » | ||
| Wells Fargo pays $175 million to settle claims of racially biased home lending Orlando Sentinel In the latest of a series of deals, Wells Fargo & Co. has agreed to pay $175 million to settle claims it discriminated against minorities by selling them high-cost subprime mortgages during and after the housing boom. Wells denied the allegations, but ... See all stories on this topic » | ||
| Exclusive: Banks Face Lending 'Shame' Sky News League tables on how well banks participate in the Government's 'funding-for-lending' scheme will be published every three months. See all stories on this topic » | ||
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| New scheme to kickstart lending The Press Association Details of a multi-billion pound scheme to kickstart bank lending will be unveiled on Friday in the latest effort to ward off the credit squeeze. The Bank of England and Treasury's "funding for lending" programme will see an estimated £80 billion ... See all stories on this topic » | ||
| Baltimore Homeowners To Get Share In $175M Wells Fargo Mortgage Settlement WBAL Radio Robert Lang and Associated Press. Wells Fargo Bank will pay at least $175 million to settle accusations that it discriminated against African-American and Hispanic borrowers in violation of fair-lending laws, the Justice Department announced Thursday. See all stories on this topic » | ||
| Cheniere Partners Receives $3.4B Firm Lender Commitments for Sabine Pass ... MarketWatch (press release) Commitments for a Term Loan A ("Credit Facility") were received from all of the previously announced joint lead arranger banks and from additional banks and financial institutions ("Lenders"). As a result, Cheniere Partners has decided to upsize the ... See all stories on this topic » | ||
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| Justice Appropriator Commends Attorney General for Wells Fargo Settlement on ... MarketWatch (press release) "While instances of severe racial profiling and discrimination in home mortgage lending, predatory practices, misleading paperwork and hard-sell for sub-prime mortgages extend back at least to 2004, serious investigation of these allegations didn't ... See all stories on this topic » | ||
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| Zhejiang private lending disputes on the rise China Daily The number of private lending disputes in East China's Zhejiang province has been on the rise since the global financial crisis in 2008. See all stories on this topic » | ||
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| Closing Attorney Admits Scam to Defraud Lenders - Mortgage Fraud ... The lower prices were not disclosed to lenders from which the buyers obtained financing to purchase the properties, and scheme participants submitted to mortgage lenders false HUD-1 forms that often did not match another, undisclosed ... Mortgage Fraud Blog - Perp Walk | ||
| Reverse Mortgage Lenders Are Seeking New Talent—Could It Be ... By Elizabeth Ecker As lenders continue to target growth throughout 2012, many are now hiring new reverse mortgage professionals to build their origination and operations teams. Whether you are seeking a job in retail, wholesale or operations, there are many ... Reverse Mortgage Daily | ||
| Predatory payday lenders need to go. And why is Ron Washington ... By Dallasnews.com/letters I'm disappointed that a public figure, Texas Rangers manager Ron Washington, who is much admired in our city, chooses to perform in TV commercials for one of these predatory lenders, despite his large annual salary. I counted 11 of these ... Letters to the Editor | ||
| Channel Finance 100: Top Technology Lenders, Lease Companies ... By Joe Panettieri If your company offers financing, technology leases or loans to technology solutions providers (VARs, MSPs, CSPs) then complete the Channel Finance 100 Survey. MSPmentor | ||
| Dr. C. P. Joshi Meets Developers, Concessionaires And Lenders ... By Pritha Dey Dr. C.P. Joshi, Union Minister for Road Transport and Highways has said that Government is keen to ensure that road sector achieves success and hence his. LogisticsWeek | ||
| Keep Your Castle and Avoid Foreclosure | The Niche Report By TheNicheReport magazine Homeowners in danger of losing their homes to foreclosure must communicate with their lenders. The lenders may be able to inform them of the many programs available that will decrease the possibility of the foreclosure. The Niche Report | ||
| Skov v. U.S. Bank National Association | Borrower May Sue Over ... By 4closureFraud Section 2923.5 provides that a residential lender must contact a borrower "in person or by telephone in order to assess the borrower's financial situation and explore options for the borrower to avoid foreclosure" or satisfy due diligence ... Foreclosure Fraud - Fighting... | ||
| Wells Fargo Settles Federal Fair-Lending Claims for $175 Million ($50 By tonys4412w Wells Fargo, the nation's largest home mortgage lender, has agreed to pay at least $175 million to settle allegations that outside brokers discriminated against black and Hispanic borrowers during the housing boom, the Justice Department ... Confounded Interest | ||
| Local Knowledge and Mortgage Lending, Arnold Kling | EconLog ... By Arnold Kling This paper shows that mortgage lenders with a physical branch near the property being financed have better information about home-price fundamentals than non-local lenders. During the real estate run-up from 2002-06, home price growth ... EconLog: Library of Economics... | ||
| Can I Qualify For A Home Loan If My Credit Score Is 579 - Realtor.com By Ask a Realtor Your other option might be a private lender. The challenge of using a private lender is that you would likely have to put 50% down and would still have an interest rate anywhere from 5.5% to 17%, depending on your situation. Many private ... REALTOR.com® Blogs |
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| Two U.S. agencies try to get lenders to ease tough mortgage rules WASHINGTON — Two federal agencies with far-reaching influence over the mortgage market are working on a problem that could affect the ability of many ... articles.latimes.com/2012/jul/08/.../la-fi-harney-20120708 | ||
| RealClearMarkets - Beware of Predatory Lenders? No, Fear ... Remember predatory lenders? According to the media, they're the ones who tanked the housing market and hurt millions of homeowners by duping low- income, ... www.realclearmarkets.com/.../beware_of_predatory_lenders_n... | ||
| Why LightSquared lenders want Falcone to go away, and why that ... The value of telecom hopeful LightSquared's debt is defying gravity even during bankruptcy and myriad regulatory issues. While debt holders and management ... www.forbes.com/.../why-lightsquared-lenders-want-falcone-to... | ||
| Lenders losing patience with Kingfisher Airlines - Yahoo! Finance From Yahoo! Finance: By Anurag Kotoky and Swati Pandey NEW DELHI/ MUMBAI (Reuters) - Lenders to beleaguered Kingfisher Airlines (NSI:KFA) are losing ... finance.yahoo.com/.../lenders-losing-patience-kingfisher-airlin... | ||
| UPDATED: July event will promote businesses talking to lenders, new Meet the Lender is planned for 9 a.m. July 24 at the Doubletree Hotel & Conference Center, 650 E 24th St. in Holland. Ten local lending institutions will be ... www.hollandsentinel.com/.../July-event-to-bring-lenders-entre... | ||
| Bill values non-bank lenders over consumers Informed insight and analysis from national and guest columnists. www.phillytrib.com/.../4835-bill-values-non-bank-lenders-ove... | ||
| Direct Payday Lenders In Virginia - Loan without credit check! Direct Payday Lenders In Virginia. Instant Approval! No Faxing! 100% Secure Application. No credit checks. www.ece.umd.edu/survey1/?direct-payday-lenders-in... | ||
| Bad credit personal loan lenders ready to satisfy your personal ... Bad credit personal loan lenders will never hesitate to come in the help of those customers who have bad credit. Moreover, they could help you improve your ... www.prlog.org/11916642-bad-credit-personal-loan-lenders-re... | ||
| Lenders and Kingfisher Air to meet over loans - MarketWatch MUMBAI--Banks which have lent money to Kingfisher Airlines Ltd. (532747.BY) will likely meet the beleaguered carrier's representatives this week to discuss its ... www.marketwatch.com/.../lenders-and-kingfisher-air-to-meet-... | ||
| Annie Lenders | Facebook Annie Lenders is on Facebook. Join Facebook to connect with Annie Lenders and others you may know. Facebook gives people the power to share and makes ... www.facebook.com/annie.lenders.5 |
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