El año pasado, presentamos, junto con el Departamento de Justicia, una queja contra el National City Bank (National City) por discriminación en los precios de los préstamos hipotecarios. La queja alegaba que el National City había cobrado a los prestatarios afroamericanos e hispanos precios más altos por sus préstamos hipotecarios que a los prestatarios blancos [...]
The days when banks would give away toasters when customers opened an account may be long gone, but Russia's Sberbank has a purrfect gift for new mortgage borrowers. Collections & Credit Risk
The Charlotte, N.C., bank has lost more than $ 60 billion on its acquisition of Countrywide, including the cost of last week's big settlement with the Justice Department. But its issues are hardly over. The pain will continue for years as it has hundreds of thousands of delinquent, unsellable mortgage loans to work through. News
The Consumer Financial Protection Bureau last week sent letters to 10 of the country's largest universities urging them to publish the terms of prepaid cards, debit cards and checking accounts that banks are promoting on their campuses. Collections - Credit Card
Bank of America plans to lay off 540 more mortgage employees in Charlotte, N.C. in the legacy asset servicing division. Collections - Other Consumer
Economic growth will rebound in the second quarter, averaging 3.1% over the next six quarters, but the housing market may not be as strong due to constraints on lending, according to bank economists. News
The total limit of new credit for bank-issued credit cards led origination growth in January, followed by home equity revolving lines and auto lending, according to the latest Equifax National Consumer Credit Trends Report. Collections - Credit Card
U.S. foreclosure activity fell 1% in April as banks scheduled fewer auctions even as they reclaimed more homes, according to a report released Thursday by RealtyTrac, which tracks and compiles housing market data. Collections - Other Consumer
