Several major banks are trying to keep their practice of paying executives for entering government work on “lock down.” However, the payment of multimillion dollar awards no longer remains h... Read more
Birmingham-based BBVA Compass has agreed to pay $11.5 million to settle a lawsuit accusing the bank of improperly manipulating customers’ checking account transactions to generate excess ove... Read more
The government has sued several big banks over toxic mortgage securities they issued that were bought by two small Illinois banks which failed in May 2009. The Federal Deposit Insurance Corp... Read more
I have been asked by lots of folks to explain exactly what is meant by the term “predatory lending.” I suspect some of our readers may be asking the same question. Simply put, predatory lend... Read more
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