Search for: "Mortgage Charges Usury" Results 61 - 78 of 78
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9 Mar 2010, 10:09 am
Usury is defined as "the charging of interest for a loan or forbearance on money in excess of the legal maximum. [read post]
8 Mar 2010, 5:07 pm
Usury is defined as "the charging of interest for a loan or forbearance on money in excess of the legal maximum. [read post]
27 Jan 2010, 2:00 pm by LindaMBeale
  Similarly, credit card banks are still raking in huge and unreasonable fees and usurious rates from those they've hoodwinked into using their cards--especially the poorest and most vulnerable amonst us. [read post]
21 Dec 2009, 6:15 am by Steven Peck
Be careful when drafting a promissory note to consider state "usury" laws, the laws defining the maximum interest rate you are allowed to charge. [read post]
6 Dec 2009, 6:48 pm
Futures are pointing to further declines in the US and UK residential mortgages of both prime and sub-prime loans. [read post]
12 Aug 2009, 4:01 am
The motion for rehearing raised numerous issues, including whether theinterest charged by Yale Mortgage was usurious. [read post]
7 Jul 2009, 1:15 pm
  It even says in the legislation it does not have the authority to impose a national usury cap (sec. 1022(g)). [read post]
2 Jul 2009, 1:29 pm by Scott J. Kreppein, Esq.
In my opinion, one of the lessons to be learned from the mortgage crisis is that all-encompasing Federal control can lead to all-encompasing failures. [read post]
1 May 2009, 8:24 am
States are currently free to make usury laws -- which limit the interest a lender can charge -- and many have. [read post]
18 Aug 2008, 12:04 am
  The complaint charges Countrywide with making inaccurate claims, and demanding improper fees, among other things. [read post]
22 Jul 2008, 12:53 pm
Oren Bar-Gill has noted this problem in the context of subprime mortgages, but it is equally a problem with credit cards. [read post]
11 Jun 2008, 8:40 am
" The judge also asked, "Parenthetically, is it possible that there is a link between the inability of homeowners to keep their mortgages current, the subsequent high default rate in home mortgage loans and the inability of many of these individuals to timely pay their credit cards accruing interest charges of 30% or more? [read post]
25 Mar 2008, 5:23 pm
The subprime mortgage crisis of 2007 resulted from allowing the market to police itself and from the failure of disclosure to curb abuses.Nearly forty years ago, Congress addressed the problems caused by lack of transparency in credit pricing when it enacted the Truth in Lending Act (TILA). [read post]
14 Feb 2008, 6:28 pm
Consider that the 2000 agreement which preceded the Victims of Terrorism Tax Relief Act of 2001 would have been entered into at a time when the word "predatory" only applied to the "usurious style" discount rates the factoring companies were then charging. [read post]
18 Sep 2007, 7:50 am
The Quran emphasizes the earning of money through trade and commerce rather than the charging of interest.[14] One verse from the Quran, 2:275, specifically distinguishes between the two practices by describing Allah's prohibition against "usury. [read post]
13 Sep 2007, 10:48 am
Therefore, to the extent that plaintiff seeks to prove only that the price charged for [the product] was higher than it should have been as a result of defendant's fraudulent marketing campaign, and seeks thereby to be relieved of the usual requirements that plaintiff prove an ascertainable loss, the theory must fail.. . .To the extent that that plaintiff intends to rely on a single expert to establish a price effect in place of a demonstration of an ascertainable loss or in place of… [read post]
11 Apr 2007, 7:59 am
  For example, the rules define the scope of the protections so that they would not cover residential mortgages, home equity loans, auto finance loans, and a wide range of transactions other than payday loans, refund anticipation loans (a.k.a. [read post]
5 Feb 2007, 3:22 pm
But, in a home mortgage a fee for obtaining a credit report is not considered a finance charge and is therefore excluded from the annual percentage rate. 12 C.F.R. [read post]