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.
Entries Tagged as 'U.S.'
Big Banks Getting Off Easy In Settlement on Illegal Foreclosures?
January 26th, 2012 · No Comments · Mortgages
Tags: Ally·bank of america·banks·Chase·Citi·Economy·Foreclosures·homeowners·Mortgages·Settlement·U.S.·Wells Fargo
U.K.’s OFT Stops Debt Collectors from Contacting Facebook, Twitter Contacts
October 19th, 2011 · No Comments · Debt Collection
U.K.’s Office of Fair Trading now officially prohibits debt collectors from contacting borrowers’ friends, followers or other contacts via Facebook, Twitter or any other social networking site.
Tags: debt·Debt Collection·debt collectors·facebook·Office of Fair Trade·OFT·social networking·Twitter·U.K.·U.S.
U.S. Inches Closer Toward EMV Swipeless Credit Card Technology
August 26th, 2011 · 2 Comments · Credit Cards
Canada, Europe and Japan evidently use chip-based EMV technology almost exclusively. Do you think the U.S. should do the same? Why or why not?
Tags: Canada·Chase·credit card fraud·Credit Cards·EMV·Europe·Japan·magnetic strip·skimming·U.S.·U.S. Bank·Visa·Wells Fargo
U.S. Treasury Secretary Speaks, Acts On Economic Recovery
April 1st, 2010 · No Comments · Economy
Treasury Secretary Timothy Geithner acknowledges Americans’ frustration with unemployment and prepares for a trip to the first U.S-Indian Economic Panel.
Tags: Economy·India·Jobless rate·Secretary Treasury·Timothy Geithner·U.S.·U.S.-Indian Economic Panel·Unemployment
