You Searched For "Predatory Lending" and got 18 results
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1 min read
GOP Congressman Says There's No Such Thing As Wall Street Crime
Though, the congressman went on to decry bank bailouts, and added that individual financial decisio…
Steven Perlberg
1 min read
New Research Says The Subprime Crisis Would Have Happened Even Without Predatory Lending
An upcoming study in the Journal of Financial Economics found that "predatory lending was responsib…
Steven Perlberg
3 mins read
Here’s why India hasn’t joined the multi-billion dollar ‘21st century Silk Road’ regional connectivity project
China’s regional forum for its Belt and Road Initiative (BRI) - dubbed the “21st Century Silk Road”…
2 mins read
41,000 former students of a closed for-profit college may get $183 million to pay off their student loans
The ED provided a full discharge of federal loans to students who attended Corinthian anytime from …
Abby Jackson
3 mins read
Trump's pardoning of a Kushner-linked drug smuggler undercut a larger DOJ investigation
On his last day in office, Trump pardoned Jonathan Braun, a convicted smuggler, despite later calli…
Lloyd Lee
2 mins read
Biden's Education Dept. just hired Elizabeth Warren's student-loans expert, who studied predatory lending at Harvard
Warren cited Toby Merrill's research, from Harvard's Project of Predatory Student Lending, that Bid…
Ayelet Sheffey
4 mins read
Inside the scandal-ridden for-profit education industry, which churns out quick degrees and loads student-loan borrowers up with debt
There's a reason lawmakers are increasing scrutiny over for-profit colleges: it largely boils down …
Ayelet Sheffey
3 mins read
Mike Bloomberg once blamed banks making loans to black Americans as the cause of the 2008 financial crash
File - In this Dec. 11, 2019, file photo, Democratic Presidential candidate and former New York Cit…
Joseph Zeballos-Roig
2 mins read
Why thousands of defrauded student-loan borrowers are still waiting for the debt cancellation they were promised over a year ago
The Sweet v. Cardona settlement said defrauded student-loan borrowers were entitled to debt relief …
Ayelet Sheffey
3 mins read
People are worried this could be the next US 'subprime' crisis
She said: "On the other hand, and I subscribe to both of these, we have people who say this is a na…
Oscar Williams-Grut
2 mins read
Some student-loan borrowers with private debt have a chance to get their balances wiped out — but they have to ask for it
Student-loan company Navient has a process for borrowers with private debt to apply for relief if t…
Ayelet Sheffey
1 min read
Judge Calls Occupy Protesters The 'Most Affable Defendants' She'd Ever Seen
Judge Nina N. Wright Padilla stepped off the bench and asked all the defendants if she could shake …
Erin Fuchs
4 mins read
Why Wells Fargo keeps getting into trouble
BERKELEY, CA - OCTOBER 03: Wells Fargo customers use ATM machines outside of a Wells Fargo bank bra…
Chris Sanchez
2 mins read
200,000 student-loan borrowers are getting their debt wiped out through a settlement with Biden's Education Department
The lawsuit was first brought against former Education Secretary Betsy DeVos over thousands of clai…
Ayelet Sheffey
1 min read
LIVE: Janet Yellen testifies to the House Financial Services Committee
On forward guidance and the future of monetary policy, Congressman Bill Huizenga asked Yellen about…
Shane Ferro
3 mins read
A kind of mortgage that helped cause the 2008 housing crash is surging in popularity. Here's why it's different this time.
The previous housing crash was triggered, in part, by adjustable rate mortgages. Experts say the mo…
Alcynna Lloyd
2 mins read
Elizabeth Warren tore into Bloomberg at the Democratic debate for linking the end of a discriminatory housing practice to the 2008 financial crisis
"And then Congress got involved - local elected officials, as well - and said, 'Oh that's not fair,…
Joseph Zeballos-Roig
2 mins read
A housing crash like 2008 is 'very unlikely,' 2 economists say: 'This market is just fundamentally different in so many ways'
"Last cycle, a dog could get a mortgage," Zonda's Ali Wolf said. Today's homebuyers are in a much b…