predatory lending

Welcome to the 'predatory lending' tag page at Technorati. This page features content from the farthest reaches of the Blogosphere that authors have "tagged" with 'predatory lending'.

Latest blogosphere posts tagged “predatory lending”

• Foreclosures crisis caused by investors. And lenders. And politicians. And buyers.

  
  LoanWorkout.org — Authority: 440
  But a St. Petersburg Times analysis of thousands of foreclosures in Hillsborough County, which has one of the highest default rates in Florida, shows individual homeowners are getting too much of the blame.The truth is that real estate speculators and revenue-hungry local governments bear just as much of the ...
  2 days ago

• Unmarried Women and Predatory Lending

  
  MomsRising Blog — Authority: 131
  From Your (Wo)manInWashington blog   Remember back when the economy was beginning its head-first pitch over the cliff and everyone was talking about subprime mortgages? As policy makers slowly get their heads around preventing such a devastating re-occurrence, they should keep in mind who got taken the worst. ...
  5 days ago

• Appraisal Malpractice as State Court Action — Albright Case 561 So 2d 1326 5th DCA

  
  Livinglies's Weblog — Authority: 131
  Appraisal negligence and/or fraud is overlooked by many. Appraisers are usually licensed and insured. Filing a complaint with the licensing board as well as sending a demand letter to them to forward to their carrier could produce some substantial results. And remember that the originating “LENDER” supposedly has ...
  6 days ago

• Goldman takes on new role: taking people’s homes

  
  Livinglies's Weblog — Authority: 131
  By Greg Gordon, McClatchy Newspapers Greg Gordon, Mcclatchy Newspapers Mon Nov 2, 6:00 am ET SAN JOSE, Calif. — When California wildfires ruined their jewelry business, Tony Becker and his wife fell months behind on their mortgage payments and experienced firsthand the perils of subprime mortgages. The couple ...
  1 week ago

• Changing Course, Gutierrez Backs Strict Payday Loan Protections

  
  Progress Illinois - — Authority: 653
  The last time a local congressperson tried to amend a bill creating a Consumer Financial Protection Agency (CFPA), theintent was to protect lenders against stricter regulations. IllinoisLuis Gutierrez is taking a different approach. According to Politico , Gutierrez may soon introduce a bill to help protect ...
  1 week ago

• Elizabeth Warren; A not-so-secret weapon for consumers fighting predatory financial practices

  
  Denise Richardson — Authority: 421
  It turns out that the biggest weapon we as consumers have to wield against financial predatory practices (the one that scares big banks the most) is one of my own personal heroes Harvard Law Professor and Chairman of the TARP Oversight Committee -Elizabeth Warren. (See video below) While the financial industry ...
  1 week ago

• New Predatory Lending Regulations Go Into Affect

  
  One38 — Authority: 103
  Congress has passed new regulations concerning mortgages and predatory lending. The purpose of these regulations is to prevent lenders from selling mortgages riddled with fine print that binds consumers financially in ways unbeknownst to them. For example, before the recession many people were sold mortgages with ...
  1 week ago

• Mortgage Crisis to be Investigated by the US Government

  
  LoanWorkout.org — Authority: 440
  Chairman Towns’ Statement on Committee Investigation into Mortgage CrisisWashington, DC – Chairman Edolphus “Ed” Towns (D-NY) today made the following statement on the House Oversight and Government Reform Committee’s investigation into the role of mortgage lenders in the financial services crisis and the ...
  1 week ago

• Countrywides VIP Lending Program

  
  Refinance Home Mortgages — Authority: 429
  Important people such as senators and congressmen got special deals from Countrywide. The U.S. Congress is investigating. (...)
  1 week ago

• New Agenda for America: Did We Hit ‘Rewind’?

  
  New Deal 2.0 — Authority: 136
  To mark the 80th Anniversary of the Great Crash of ‘29, we asked 15 progressive thinkers to write about lessons learned and what lies ahead. Together, their reflections constitute a New Agenda for America — a message of how the ideals of a fair society should apply to the economic and social policies of our ...
  1 week ago

• Short Term Credit and Controlling Ones Financial Affairs

  
  Personal Money Store — Authority: 613
  Its Hardly Predator vs. Prey Consumerism is American. Free market capitalism and payday loans are all part of necessary competition, despite what critics would have you believe. (Photo: flickr.com) If media and banking industry critics of payday lending are to be believed, payday loan outlets are perched ...
  2 weeks ago

• Investors and Borrowers Unite!

  
  Livinglies's Weblog — Authority: 131
  if you peal away the apparent differences you find that there is an inherent joinder of interest investors and borrowers: both were deceived and both lost nearly everything they had by purchasing a financial product that was misrepresented — artificially inflated as to quality and value. And both were subject to the ...
  2 weeks ago

• Mortgage Assignment & Affidavit Fraud

  
  Foreclosure Combatant — Authority: 118
  In bankruptcy and government takeovers of financial institutions, missing collateral is a major obstacle for trustees and regulators to overcome. The missing assignment problem is an extension of not carelessness or sloppiness as many have claimed, but of overt acts of fraud. Skilled attorneys and forensic ...
  2 weeks ago

• TWO Undisclosed Yield Spread Premiums: Why Securitization Changes the Game

  
  Livinglies's Weblog — Authority: 131
  So called “auditors” will miss the fact that there are two yield spread premiums that were not disclosed to either the homeowner or the investor. Failure to account for the movement of money through the securitization chain and failure to account for appraisal fraud, essentially leaves 95% of the money on the ...
  2 weeks ago

• New Homebuyer Program Already Seeing Signs of Mortgage Fraud

  
  LoanWorkout.org — Authority: 440
  While government officials said many suspect claims could turn out to be simple errors, the report found examples of claimants who already owned homes or had not yet bought one. Some 582 taxpayers were under 18 years old — as young as 4. Of the 1.4 million people who have claimed nearly $10 billion in [...]
  2 weeks ago

• House panel OK’s consumer protection agency

  
  Relevant News — Authority: 514
  A House committee voted Thursday to create a federal agency devoted to protecting U.S. consumers from predatory lending, abusive overdraft fees and unfair rate hikes. Original post:  House panel OK’s consumer protection agency
  2 weeks ago

• The next financial tsunami unleashed by toxic mortgages

  
  Foreclosure Combatant — Authority: 118
  By PAM MARTENS T he financial tsunami unleashed by Wall Street’s esurient alchemy of spinning toxic home mortgages into triple-A bonds, a process known as securitization, has set off its second round of financial tremors. After leaving mortgage investors, bank shareholders, and pension fiduciaries awash in ...
  2 weeks ago

• Predatory lenders CalPERS, Frank

  
  HALFWAY TO CONCORD — Authority: 506
  We should not be surprised t learn that both Rep Barney Frank and Cal PERS can be mentioned as predatory lenders . Frank ran interference for government sponsored enterprises like Fannie Mae and Freddie Mac, and the FHA. According to an Wall Street Journal article, Fannie and Freddie were subject to “affordable ...
  2 weeks ago

• New Shockwaves From Courts and Accounting Board

  
  Livinglies's Weblog — Authority: 131
  Wall Street was not responding to legitimate consumer demand, it was creating an artificial demand simply to create mortgage product to feed its securitization machine and generate big fees for itself. Comment from Reader: “MERS and the Pretender Lenders are seeking the courts to credit them with a touchdown ...
  2 weeks ago

• Congress Considering Bills to Reform Bank Fees and Save Consumers Money

  
  Denise Richardson — Authority: 421
  Theres a lot of talk lately over banking policies, rising fees and interest rates. The House Financial Services Committee is holding hearings and reviewing a number of proposed bills that involve further controlling the credit card industry.  Everything is on the table, from regulating overdraft fees to reforming ...
  2 weeks ago

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