Discriminatory Lending

Watchdog To 'Stop Discrimination In Its Tracks'

Reuters | Posted 04.19.2012

Read More: Richard Cordray, Gender Discrimination, Discriminatory Lending, Consumer Watchdog, Reuters, Cfpb, Discrimination, Richard Cordray Cfpb, Cfpb Discriminatory Lending, Racial Discrimination, Money News

By Dave Clarke WASHINGTON, April 18 (Reuters) - The new U.S. consumer financial watchdog said on Wednesday it will aggressively pursue...

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That $335 Million BofA Settlement: The Good, the Bad, and the Very Ugly

Richard (RJ) Eskow | Posted 02.20.2012

Read More: Government Settlement, Bank Fraud, Bank of America, Countrywide, Discriminatory Lending, Countrywide Settlement, Bank of America Settlement, Politics News
Richard (RJ) Eskow

Once again, bankers have bought their way out of being investigated without even acknowledging their wrongdoing. Justice isn't served when that happens.

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Shahien Nasiripour

Wells Fargo Target Of Justice Department Probe; Agency Alleges Discriminatory Lending

HuffingtonPost.com | Shahien Nasiripour | Posted 09.25.2011

Read More: Mortgage Lenders, Discriminatory Lending, Wells Fargo, Federal Reserve, Financial Crisis, Department of Justice, Subprime Mortgage Loans, Justice Department, Subprime Loans, Business News

WASHINGTON -- The Department of Justice is preparing a lawsuit against Wells Fargo, the nation's largest home mortgage lender, for allegedly preying u...

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Expanded Mortgage Disclosure Through HMDA Reform Would Detect Discrimination, Unsustainable Loans

Dory Rand | Posted 05.25.2011

Read More: Mortgage Crisis, Mortgages, Subprime Mortgages, Hmda, Home Mortgages, Predatory Lending, Discriminatory Lending, Loans, Business News
Dory Rand

HMDA is a crucial tool in the fight against discriminatory lending, but the data currently collected is not sensitive enough to detect some of the problematic practices that triggered the foreclosure crisis.

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Usurious Payday Loans: Myths, Flawed Studies, and Solutions

Richard (RJ) Eskow | Posted 05.25.2011

Read More: Aristotle, Community FInancial Services Association, Gregory Elliehausen, Discriminatory Lending, Predatory Lending, Jesus, Consumer Financial Protection Agency, Cfpa, Pigs, Whitehouse Marquette Amendment, Sarah Palin, Community Financial Services Association of America, Politics News
Richard (RJ) Eskow

Here's the truth, for all those well-meaning payday defenders out there: Payday loans weren't created to help underserved populations, but to exploit helpless people.

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