FAQ: What Makes the DOJ’s Subprime Auto Loan Probe Different

U.S. banks spent much of the last five years grappling with the legal fallout from the subprime housing bubble. Now, with the launch of a surprise inquiry by a hard-charging federal prosecutor in New York, lenders are wondering if subprime auto loans are next. Collections - Other Consumer

By |2014-08-07T17:04:43-05:00August 7th, 2014|FCRA|Comments Off on FAQ: What Makes the DOJ’s Subprime Auto Loan Probe Different

U.S. Bancorp to Pay $200 Million to End Mortgage Probe

U.S. Bancorp, the nation's largest regional lender, agreed to pay $ 200 million to resolve federal claims that it misrepresented the quality of government-backed mortgages the company originated. Collections - Other Consumer

By |2014-07-06T05:18:33-05:00July 6th, 2014|FCRA|Comments Off on U.S. Bancorp to Pay $200 Million to End Mortgage Probe

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