Countrywide was accused of steering more than 200,000 black and Hispanic borrowers into risky subprime loans during the housing bubble.
But is the practice really over now?
borrowersCountrywide discrimination settlement reachedMarketplace Thu, 12/22/2011 - 08:22
Countrywide was accused of steering more than 200,000 black and Hispanic borrowers into risky subprime loans during the housing bubble. Taking advantage of new student loan assistance USATODAY.com Money - Block Mon, 10/31/2011 - 16:18
The Obama administration unveiled a plan to help borrowers with student loans, but some of the most desperate borrowers won't benefit. How a U.S. Debt Downgrade May Affect ConsumersNYT > Your Money Tue, 07/26/2011 - 21:00
If the nation’s credit rating is downgraded because of the debt standoff , investors and borrowers should be able to ride out any resulting volatility, experts said. Big Banks Easing Terms on Loans Deemed as RisksNYT > Your Money Sat, 07/02/2011 - 20:52
Two of the nation’s biggest lenders are quietly modifying loans for tens of thousands of borrowers who have not asked for help but whom the banks deem to be at special risk. Mortgages: More Borrowers Are Opting for Adjustable-Rate Mortgag...NYT > Your Money Thu, 03/17/2011 - 16:34
This time around, mortgage experts say, lenders are offering more conservative ARM products, without the gimmicky “teaser” rates and features. Forgiven debt can trigger a tax bill USATODAY.com Money - Block Mon, 03/07/2011 - 19:44
After borrowers persuade their lenders to settle for a reduced amount, calls from collection agencies could be replaced by calls from the IR ... A Student Lender's Broken PromiseNYT > Your Money Thu, 04/15/2010 - 12:24
NorthStar Education Finance, a nonprofit lender based in St. Paul, Minn., settled a class action lawsuit after reneging on a promise to cut borrowers' interest rates. The $555,000 student-loan debtMSN Money Finance Tips Thu, 04/08/2010 - 19:00
As default rates on loans for higher education rise, some borrowers see no way out, demonstrating how 'good debt' can go bad. |