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Loans

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Top Loans Articles

Displaying items 23-33
  • Cook Co. accuses Bank of America of predatory lending

    Cook County on Monday filed a federal lawsuit against Bank of America and its subsidiaries, alleging that its mortgage lending and loan servicing practices were predatory and discriminatory, violating the federal Fair Housing Act. Like a similar federal...
  • Illinois mortgage delinquencies fall 27% in 2013

    Illinois mortgage delinquencies fall 27% in 2013
    Five percent of Fannie Mae and Freddie Mac-backed single-family mortgages in Illinois, or 68,000 loans, were delinquent at the end of 2013,  a sizable decline from last year but still higher than the national average. One-third of those past-due home...
  • District 304 to abate nearly $6 million in annual tax levy

    District 304 to abate nearly $6 million in annual tax levy
    The Geneva School District 304 School Board voted unanimously Monday night to abate $5.9 million to taxpayers in an effort to keep bills more consistent. It's a move the district has used in recent years – it levies a set amount one year, then...
  • Mortgage servicer to pay $268 million to Californians

    Mortgage servicer to pay $268 million to Californians
    California victims of alleged foreclosure abuses will get $268 million in relief from a $2.1-billion national settlement with Ocwen Financial Corp., the nation's largest non-bank provider of mortgage customer service. Ocwen broke state law by improperly...
  • Sculpture uprooted from Civic Center grounds

    Sculpture uprooted from Civic Center grounds
    Positioned in the breezeway between the Newport Beach City Council chambers and community room, just to the side of the main thoroughfare, a fabricated piece of metal lies fastened to the ground. It's the only outdoor sculpture at the Civic Center,...
  • Cook County sues HSBC alleging predatory lending

    Cook County sues HSBC alleging predatory lending
    Cook County has filed a federal lawsuit against HSBC North American Holdings, Inc., alleging that the mortgage lender and servicer engaged in unfair lending practices that led to foreclosures and hit minority communities particularly hard. The...
  • Safeguards fail to protect military families

    The following editorial appeared in the Star Tribune of Minneapolis on Wednesday, March 26: Three years ago, a congressional hearing put a spotlight on shameful home loan practices that subjected military families to overcharges, harassing collection...
  • To slay the debt dragon, keep on chipping away

    Six years ago, Cherie and Brian Lowe decided they'd had enough with being in debt. The couple, who live in Greenwood, Ind., owed more than $127,000 in student loans, credit card bills, auto loans and more. With a second child on the way, they worried...
  • Chinese developers seek alternative financing as investors grow wary

    HONG KONG (Reuters) - China's property developers are turning to commercial mortgage-backed securities and looking at other alternative financing as creditors grow more discriminating in the face of rising concerns about the country's real estate and debt...
  • Spooked by defaults, China banks begin retreat from risk

    BEIJING (Reuters) - Some of China's struggling firms are finally getting the reception that regulators have been hoping for - a cold shoulder from banks in the form of smaller and costlier loans. Reuters has contacted over 80 companies with elevated debt...
  • Village revenues on the rise in Plainfield

    Village revenues on the rise in Plainfield
    A proposed draft of the 2014-15 Plainfield budget shows that revenues in the suburb are increasing. At a committee-of-the-whole meeting on Monday, Traci Pleckham, director of management services, told trustees that revenues are projected to be near $47.2...