Category: Consumer Issues

Credit card issuers face limits on fees and greater disclosure requirements as CFPB pledges more scrutiny after a 2009 law that revamped regulation of the business. Bully tactics used to scare or coerce buyers. October [...]

The US Justice Department and a few brave judges are becoming very aggressive about the abuses large banks have suffered on their customers. Judges slam Wells Fargo Bank and Bank of America for their abusive [...]

Small bank mistakes result in blacklisting more than a million low-income Americans from being able to get a checking account for years. More than $221 billion of these loans at the largest banks will hit [...]

Robert Naugles prepared his own bankruptcy so thought he would charge others for preparing their documents. Sanctioned by Bankruptcy Court. Naugles assumed "the courthouse staff would point out any errors." NOTE - the Court staff [...]

Arizona Legislature takes $50 million from the state’s share of a nationwide mortgage fraud settlement to balance the budget rather than helping homowners. This was money intended to help families who were losing their homes [...]

FHA easing rules if foreclosure or bankruptcy was caused by external economic factors, such as medical or loss of job. More than $221 billion of these loans at the largest banks will hit this mark [...]

The Next Financial Balloon to Burst: Student Loans ore than $221 billion of these loans at the largest banks will hit this mark over the next four years. According to the The Huffington Post:  Sallie [...]

Arizona law requires landlords give tenants notice of pending foreclosure. Must provide notice within five days of receiving notice of foreclosure. Arizona law requires that landlords tell tenants about any foreclosure.  This is good news [...]

Big banks settle: to Pay $8.5 Billion to settle claims of wrongful foreclosure actions. Aurora Bank, Bank of America, Citigroup, J.P. Morgan Chase, Wells Fargo, Sovereign Bank, MetLife, US Bank, SunTrust, and PNC agree to [...]

CFPB announces new rules which provide many protections to consumers, but also offers protection, or "safe harbor," to banks and lenders The answer is "yes" Bully tactics used to scare or coerce buyers. The federal [...]