Fair Lending    Stories 1 to 25 of 35  (click headline for the complete story)

Next

Last

1:   (MORTGAGE FINANCE) Financial Reform Broadened : Democrats leading negotiations regarding reform of the financial industry add a measure approved in the House in 2009 to create new restrictions on mortgage lending. The move adds more than 06/18/2010 12:31 PM

2:   (BANKING) Governor Mulls Lending Law : Legislation giving the Oregon attorney general the power to prosecute banks and lenders under the state's consumer protection laws is on Gov. Ted Kulongoski's desk after it cleared the state 03/05/2010 12:57 PM

3:   (COUNTRYWIDE) Countrywide Pays Florida Borrowers : More than 2,700 Countrywide Financial borrowers are sent a total of $16.9 million of foreclosure relief payments arranged in a settlement reached with the state attorney general about 02/19/2010 11:21 AM

4:   (PREDATORY LOANS) Fair Lending Unit At Justice : Responding to the plethora of predatory lending that helped lead the nation into its housing and economic crisis, the Justice Dept. creates a fair lending unit within its Civil Rights Division. 01/22/2010 12:32 PM

5:   (MORTGAGES) Mortgage Firms Under HUD Fire : HUD's inspector general issues subpoenas to 15 mortgage firms seeking information about failed home loans that resulted in claims against the Federal Housing Admin.'s mortgage insurance 01/15/2010 1:08 PM

6:   (LAWSUIT) Reverse Redlining Suit Dismissed : A federal judge has dismissed a case built on allegations of predatory and racially discriminatory practices at mortgage lending firm Wells Fargo. U.S. District Court Judge J. Frederick Motz tossed 01/15/2010 12:25 PM

7:   (SENIORS) Seniors Targeted In Abusive Lending : A new report finds that predatory lending practices common in the subprime market during the housing boom are creeping into reverse mortgage sales. But even the report's authors concede the 10/16/2009 12:43 PM

8:   (FAIR LENDING) Abusive Lending Bill Advances : Legislation intended to eliminate incentives leading to risky loans has been approved by the California Assembly, and Gov. Arnold Schwarzenegger is expected to sign AB 260. The governor vetoed 06/05/2009 12:43 PM

9:   (FAIR LENDING) Mortgage Fraud Cases Soar : A special FBI team has been established to compile evidence of mortgage fraud using wiretaps, computer technology and undercover operations. Details of the National Mortgage Fraud 05/22/2009 1:05 PM

10:   Banks Get Mortgage Scam Advisory : Facing a rise in mortgage modification and foreclosure rescue fraud, the Financial Crimes Enforcement Network urges banks to be alert for suspicious activities and to file timely suspicious activity 04/17/2009 12:29 PM

11:   Mayor, Lawyers At Odds Over Lawsuit : Lawyers representing the city of Birmingham have filed a predatory lending lawsuit against several large financial firms that Mayor Larry Langford claims wasn't authorized by the city. Langford says he will 11/14/2008 1:17 PM

12:   FBI Targets Four Firms For Fraud Probe : FBI officials are mum but investigators have fanned out to determine if fraud helped trigger the financial collapse generated by a meltdown of subprime and other risky mortgage loans. Agents are 09/26/2008 11:56 AM

13:   Tighten Fair Lending Oversight : A new program to increase screening for fair-lending violations under the Home Mortgage Disclosure Act is in the works at the Office of the Comptroller of the Currency. The pilot program, called HMDA Plus 09/18/2008 5:10 PM

14:   HOEPA Changes On Hold For 16 Months : Rule changes intended to curb deceptive mortgage lending practices are finalized by the Federal Reserve Board, but they will have no effect on borrowers who already have been hurt by such practices. The final rule doesn't take effect until Oct. 1, 2009. The 07/18/2008 12:49 PM

15:   Home Loan Protection Act Moves : State House members approve a measure to ban predatory lending and ensure that lenders award borrowers safe, affordable mortgage loans. The proposed Michigan Home Loan Protection Act includes 06/20/2008 12:54 PM

16:   Governor Vetoes Subprime Bill : Gov. Tim Pawlenty rejects a bill which would have frozen the foreclosure process for one year on all subprime or negative amortization loans made between Jan. 1, 2001 and Aug. 1 2007. The legislation, the proposed Minnesota Subprime Foreclosure 06/06/2008 11:58 AM

17:   Abusive Lending Law On Hold : House lawmakers who pushed through a predatory lending measure last November after years of wrangling and GOP stalling when the party held the House reins are miffed over Senate Banking Chairman Christopher Dodd's refusal to move similar legislation he 05/30/2008 11:51 AM

18:   Battle Over RESPA Readied : Both sides in the fight over reform of the Real Estate Settlement Procedures Act dig in their heels 04/11/2008 10:38 AM

19:   Legislation Targets Fair Lending : A six-bill package targeting predatory lending and other questionable mortgage lending practices 04/11/2008 10:32 AM

20:   Activists Clamor For Fair-Lending Law : A tent city in front of the capitol building in Tallahassee greets lawmakers pressed to take action on predatory lending. The tents 04/04/2008 11:55 AM

21:   Abusive Lending Legislation Approved : The state Senate passes six measures targeting predatory lending and sends the measures to the House 03/14/2008 12:40 PM

22:   Court Orders Foreclosure Halt : Suffolk Superior Court orders California-based subprime lender Fremont Investment & Loan to halt all foreclosures until state 02/29/2008 12:51 PM

23:   Abusive-Lending Complicity Alleged : Bush administration officials are accused by New York Gov. Eliot Spitzer (D) of complicity in an effort to prevent states from taking 02/15/2008 12:32 PM

24:   FBI Joins Mortgage Fraud Probe : FBI officials initiate a mortgage fraud task force in its Washington field office to supplement a widening investigation into fraud by state and local authorities. 12/14/2007 2:22 PM

25:   Dodd Submits Mortgage Reform Bill : Senate Banking Chairman Christopher Dodd's (D-CT) proposal to reform the mortgage industry faces an outcry from bankers saying it will squeeze the credit markets. 12/14/2007 2:18 PM

Next

Last

 

Housing Affairs Letter