predatory lending

The nation's five largest mortgage lenders have agreed to overhaul their industry after deceptive foreclosure practices drove homeowners out of their homes, government officials said Monday. A draft settlement between the banks and U.S. states has been sent to state officials for review.

If you're strapped for cash and need money quickly, an online payday loan can be tempting. But these high-interest loans can lead to financial trouble. Here are some tips on selecting a provider, as well as some alternatives to payday loans.

Members of America's military face threats around the world every day, but it's a domestic threat that has the top brass on the offensive on the home front -- predatory lenders. Here's how the Department of Defense is fighting back.

A New Jersey court has invalidated a foreclosure by insisting on a basic concept of due process -- that the bank must authenticate the documents it uses to make its case. But in the case of Wells Fargo v. Sandra A. Ford, there are more issues than just who owns the mortgage. She has fraud claims that go back to the very beginning.

US Loan Auditors and My US Legal Services billed themselves as companies that can help homeowners who are victims of predatory lending, but they're now being sued for defrauding the same people they claimed to want to help. In a $60 million lawsuit filed by California's attorney general, the two...

A new study by the American Sociological Review found that predatory lenders that targeted ethnic minority neighborhoods were a significant factor in the U.S. foreclosure crisis.

Customers duped by a California mortgage broker's ads for low mortgage rates are receiving refund checks from the Federal Trade Commission (FTC). Chase Financial Funding Inc. -- which now does business under the name Choice Financial Funding and is not related to banking giant Chase -- lured...

Capitol Hill will witness a showdown of sorts today, as President Obama rides in on his white horse to face the black-capped bad guys from the credit card companies. This showdown will center on how to protect consumers in the current economic downturn. President Obama is pushing for legal...