Company donates 1.2M eggs to food banks as part of lawsuit settlement
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Richard Curran: ‘Banks are not giving us the full story on mortgage rates’
Homing in: Figures from the Central Bank show homeowners here paid an average interest rate on new mortgages agreed in October of 3.06pc, compared with an EU average of 1.77pc Fianna FA il is back for a second crack at putting a legislative cap on standard variable mortgage rates, having had its last push in […]
Missaukee County treasurer researching land banks
Land banks aren't just for big cities. County treasurers say they've found them useful even in small, rural counties. Foreclosure News
NC Commissioner of Banks Amends NC Safe Act and Reverse Mortgage Rules
The North Carolina Commissioner of Banks recently amended its rules governing mortgage lenders, brokers, servicers, MLOs, and mortgage origination support registrants under the North Carolina Secure and Fair Enforcement Mortgage Licensing Act and reverse mortgages. The amendments took effect on August 1, 2018. Foreclosure News
We Need Public Ownership of Banks to Stop the Next Financial Crisis
Bank of America's anti-consumer practices have been the subject of numerous protests in recent years. Thousands demonstrated against the bank's foreclosures in 2011. Foreclosure News
Judge Denies Big Bank’s Motion to Dismiss Loan Modification Case
The U.S. District Court of Rhode Island denied a large U.S. Bank's attempt to dismiss a case brought by a borrower for, among other things, breach of contract, misrepresentation, and violation of loss mitigation procedures under RESPA and Regulation X. The case stems from a court-ordered meditation of a foreclosure proceeding in which the parties […]
A decade after Lehman collapse, Connecticut banks sound
Registration will allow you to post comments on newstimes.com and create a newstimes.com Subscriber Portal account for you to manage subscriptions and email preferences. Former Lehman Brothers CEO and Greenwich resident Richard Fuld Jr. is heckled in October 2008 by protesters in Washington, D.C., after testifying before the House Oversight and Government Reform Committee on […]
Big banks better for customers than small banks? Not necessarily
Yet again this week, the Hayne royal commission has brought disturbing news of misconduct toward customers of our largest financial institutions. And by far the most significant category within operational losses was “Clients, Products and Business Practices”. Foreclosure News
economyBarney Frank on His 2008 Regretsa oeAll the money went to banks,…
A decade now after the 2008 financial crisis, the cultural and psychological imprint that it left looks almost as deep as the one that followed the Great Depression. Its legacy includes a new radical politics on both left and right; epidemics of opioid-abuse, suicides, and low birthrates; and widespread resentment, racial and gendered and otherwise, […]
Consumer debt is at an all-time high. Should banks be worried?
September 2008 was one of those rare interludes when the world shifts beneath your feet. Markets froze. Foreclosure News