In the fourth quarter of 2011, Mastercard allotted $495 million to cover the amount it expects to pay in a settlement over card fees charged to merchants.
Entries Tagged as 'Settlement'
Mastercard Poised to Settle Card Fee Lawsuit
February 3rd, 2012 · No Comments · Credit Cards
Tags: antitrust·banks·big banks·credit·Credit Cards·Debit Cards·Kroger·lawsuit·Mastercard·National Association of Convenience Stores·QVC·Rite Aid·Safeway·Settlement
Big Banks Getting Off Easy In Settlement on Illegal Foreclosures?
January 26th, 2012 · 2 Comments · Mortgages
Though proponents to the settlement characterize it as little more than a slap on the wrist, big banks could soon be required to shell out some cash to homeowners affected by deceptive lending and foreclosing practices.
Tags: Ally·bank of america·banks·Chase·Citi·Economy·Foreclosures·homeowners·Mortgages·Settlement·U.S.·Wells Fargo
$19 Billion Settlement In Works for Illegal ‘Robo-Signing’ Foreclosures
December 14th, 2011 · 1 Comment · Mortgages
Last year’s launch of the investigation into the “robo-signing” debacle is coming to a head.
Tags: attorneys general·banks·California·financial crisis·Great Recession·Massachusetts·New York·robo-signing·Settlement
Heed the Warning of the 7 Deadly Credit Sins
August 9th, 2010 · No Comments · Credit Reports
If you’ve been led to believe all defaults are not created equal, think again. Avoid these seven deadly credit sins at all costs!
Tags: charge-off·credit·credit report·foreclosure·forfeiture of deed·involuntary repossession·Settlement·short sales·voluntary repossession
