Search for: "Mortgage Charges Usury"
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19 May 2012, 2:37 pm
Lenders, including major credit companies as well as payday lenders, have taken over the traditional role of the street-corner loan shark, charging the poor insanely high rates of interest. [read post]
23 Apr 2012, 12:06 pm
When membership had its privileges, when the Catholic Church and Penn State were both safe places for boys to be, when you could press five to increase your credit limit and there were things called usury laws that made charging more than a certain amount of interest illegal? [read post]
2 Mar 2012, 10:45 am
If the mortgage is not paid, in Missouri which is a non-judicial state, the borrower is entitled to 20 days notice of the foreclosure sale. [read post]
17 Jan 2012, 2:46 am
Usury, he wonders? [read post]
12 Dec 2011, 12:58 pm
When they did away with our usury laws, the laws limiting the amount of interest that can be charged, we said nothing. [read post]
8 Dec 2011, 5:00 am
Aronson, Kondratick, and Buonauro were said to have spent investors’ money on home mortgage payments, luxury cars, Las Vegas gambling trips, and gentlemen’s club bills. [read post]
23 Nov 2011, 6:14 am
(HELOCS are excluded from TILA’s definition of a “residential mortgage transaction. [read post]
2 Nov 2011, 8:32 am
Usury laws regulate within each state the maximum interest rate that may be charged on a money loan. [read post]
1 Sep 2011, 5:11 am
While this penalty may have been unfair and usurious, it was typically disclosed to consumers. [read post]
25 Apr 2011, 7:47 pm
The story involved a company that had charged a handful of homeowners several thousand dollars up front to help them negotiate with their banks to get their mortgages modified. [read post]
8 Apr 2011, 12:00 pm
The Securities and Exchange Commission has announced its intent to bring charges against Wachovia Corp. for assessing usurious fees against its investors for collateralized debt obligations (some of which containing mortgages). [read post]
23 Mar 2011, 7:06 am
In early 2009 Senator Dick Durbin [D IL] championed the rights of consumers in an effort to reform student loans, mortgage loans, usury and credit card fees charged by banks. [read post]
17 Jan 2011, 3:13 pm
They often charge interest rates that would be usurious in any other loan setting (sometimes 99-100% compounded interest in the first year). [read post]
9 Jan 2011, 9:08 am
If you applied a late charge every month on the same delinquent assessment plus 12%, the effective interest rate would be an exorbitant 22%–a usurious rate reserved for credit card companies. [read post]
16 Nov 2010, 10:53 pm
” Pardon me, but we’ve got someone in this country in charge of something called a “FOOD INSECURITY REPORT? [read post]
16 Sep 2010, 7:06 pm
If you want to receive more of these and more often, just email to be added to the email list.Criminal law -- Limitation of actions -- Where initial information charging defendant with resisting officer with violence was filed within statute of limitations, but amended information which added new charge of fleeing or attempting to elude officer at high speed was filed outside statute of limitations for offense of fleeing or eluding, defendant was erroneously convicted of fleeing or… [read post]
7 Jul 2010, 11:07 am
We also do not burden readers with the technical distinctionsin mortgage law between mortgagors, mortgagees, trustors, or trustees. [read post]
26 Apr 2010, 3:20 pm
In each instance, however, a financial institution takes unfair advantage of a consumer’s financial needs by charging usurious interest rates and other unconscionable fees and charges: Predatory Mortgage Lending: drains wealth from families, destroys the benefits of homeownership, and often leads to foreclosure. [read post]
13 Apr 2010, 10:37 am
The reason the TBTF banks won't voluntarily modify principals on mortgage loans is because they are determined not to take any losses they don't absolutely have to, yet they are at the same time increasing borrowing costs for ordinary Americans, adding to the usurious fees they charge, and paying close to zero interest on ordinary Americans' deposits while they continue their proprietary trading profit machine. [read post]
6 Apr 2010, 3:16 am
Usury, he wonders? [read post]
