News: Predatory Lending

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United against predatory lending practices
Great Falls Tribune
Both of us agree that 400 percent interest is too high, and that something must be done to protect Montana consumers and the state's economy from predatory ...
I-164 amis to cap payday loan ratesKPAX-TV

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Published on Friday 3rd of September 2010 01:34:34 PM Read more...

Mortgage Reform and Anti-Predatory Lending Act
Boston Globe (blog)
The Mortgage Reform and Anti-Predatory Lending Act certainly changes the regulatory landscape for mortgage originators who focused on high-risk, ...

Published on Friday 3rd of September 2010 01:34:34 PM Read more...

Preserving a Victory on Payday Lending Reform
Huffington Post (blog)
Limits on the sky-high interest rates charged by payday lenders will be implemented this year to protect hardworking Coloradans from a predatory lending ...

Published on Friday 3rd of September 2010 01:34:34 PM Read more...

Activists look to cities for payday loan regulation
Iowa Independent
... some short-term local controls in place with the long-term goal of prompting state lawmakers to protect Iowa consumers from predatory lending practices. ...

Published on Friday 3rd of September 2010 01:34:34 PM Read more...

What is predatory lending?
Philadelphia Inquirer
As it turned out, 99 percent of the examples brought to my attention had nothing to do with predatory lending. One woman from Des Moines, Iowa, ...

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Published on Friday 3rd of September 2010 01:34:34 PM Read more...


Telegraph.co.uk
Bernanke rues Fed's subprime failure
Fortune (blog)
The Fed's failure to crack down on predatory lending was its "most severe failure" in the financial crisis, Ben Bernanke said. Bernanke, the Federal Reserve ...
Bernanke: Don't Blame Me for the Housing BubbleFiredoglake (blog)

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Published on Friday 3rd of September 2010 01:34:34 PM Read more...

Belleville's rise in foreclosures expected to continue
NorthJersey.com
"We are not finding that we are getting fewer people calling us this year; we're having more people call," said New Jersey Anti-Predatory Lending Project ...

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Published on Friday 3rd of September 2010 01:34:34 PM Read more...

How Veterinarians Help Predatory Lenders
NPR (blog)
Up in New York, Democratic Attorney General (and gubernatorial candidate) Andrew Cuomo has started looking into predatory lending ...

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Published on Friday 3rd of September 2010 01:34:34 PM Read more...
Published on Friday 3rd of September 2010 01:34:34 PM Read more...

Viewpoint: Anti-Predatory-Lending Act? More Like Anti-Lending
American Banker (subscription)
Unfortunately, the law provides no definition of unfair, deceptive or abusive, and what is "understandable" will be left for a judge. ...

Published on Friday 3rd of September 2010 01:34:34 PM Read more...

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