Sentences with phrase «deceptive mortgage practices»
Let's look at the facts in the news story «CFPB sues Nationwide Biweekly for deceptive mortgage practices» with the following excerpt.
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Goldman Sachs this past April agreed to pay $ 5 billion in a settlement of its deceptive mortgage practices.
Not exact matches
The deceptive practices could potentially lead to another market meltdown, similar to the subprime mortgage crisis in 2008, without proper state regulation.
Without proper state oversight, these deceptive practices could potentially lead to another financial meltdown, similar to the subprime mortgage crisis in 2008.
Unscrupulous auto dealerships often engage in lending practices that mirror the subprime mortgage crisis, and we need to take action now to protect our most vulnerable residents from being hurt by these deceptive practices,» said Senator Klein.
A new Federal Trade Commission (FTC) rule is aimed at cracking down on mortgage relief companies that make use deceptive practices.
2d 192 (D. Mass 1998)(subprime mortgage lender's original fee was unfair and deceptive trade practice and broker not entitled to brokerage fee); Federal Trade Commission v. Gill, 265 F. 3d 944 (9th Cir.
On Monday, March 12, 2012, the federal government released details of the $ 25 billion dollar national mortgage settlement stemming from improper foreclosures and other deceptive practices in the origination and servicing of mortgages.
It addresses compensation - based incentives; inappropriate steering, discrimination, and other abusive, unfair, deceptive, or predatory practices; minimum federal lending standards; high - cost mortgages; mortgage servicing; and appraisals.
In addition, the FTC will continue to enforce the Rule and Section 5 of the FTC Act, which prohibits unfair and deceptive practices, against all other providers of mortgage assistance relief services.