Finance
Almost all get dropped from home finance loan alteration program
One of the first things the Obama administration did once in office was to offer a mortgage loan modification program called Make Home Affordable, or the Make Home Affordable Modification Program. The package would potentially work with your loan business to make the actual payments easier on you. The plan is much more likely to ...
Wall Street reform contains a new whistle-blower provision
The Wall Street reform bill has been signed into law by President Obama. The Los Angeles Times reports that the whistle-blower provision of the bill is something those who support the bill probably do not know about yet. Private sectors will be responsible for catching any person who beaks the rules causing them to get ...
Seven banks can’t meet capital requirements in Euro stress tests
After the Greek debt crisis started to wreak havoc in European financial markets, a series of stress tests were devised to see whether European banks could handle any further shocks. After testing, seven major banks in Europe were shown to be too weak to deal with anything else if more crisis' were to appear. Some ...
Capital One sued again for deceptive interest rate increases
Raising credit card interest rates on customers without telling them has gotten Capital One in trouble, again. Capital One was being sued for breaking the Truth in Lending Act earlier this year, but it was dismissed by a judge. But the 9th Circuit reinstated the Capital one class action lawsuit July 22. Now you will ...
Cash Store weathers trials, continues to serve public
Payday loan companies like Cash Store have faced an excellent deal of legal opposition in their quest to provide cash til payday loans for consumers. Much of the flak is really coming from consumer interest groups with lobbyist connections to elected officials. They claim to represent the best interests of consumers in their opposition to ...
