Banking
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An Amazing Alleged Utter Failure of Ditech Mortgage Accounting
A lawsuit filed by a consumer on Juanry 14, 2019 is a painful read if all...
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MoneyGram Apparently Just Likes to Screw Customers Over Again and Again
MoneyGram International, Inc. has agreed to pay $125 million to settle allegations that the company failed...
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Wells Fargo Says Credit Card Debt is Bad Debt. Even Theirs?
Under the heading of You Can’t Make This Stuff Up, Wells Fargo just sent out a...
More Banking News
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Non-Profit Credit Counseling to Help Consumers With Small Affordable LoansConsumer Education Services Inc. (CESI) announced today that CEO Michael Croxson will be a...
- Posted April 5, 2018
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How to Get You Paltry Piece of the Wells Fargo SettlementWells Fargo will pay $142 million to settle a bevy of class-action lawsuits over...
- Posted July 11, 2017
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Here’s Another Way Wells Fargo Took Advantage Of Customersby Jesse Eisinger ProPublica, Jan. 23, 2017, 8 a.m. Wells Fargo, the largest mortgage...
- Posted January 23, 2017
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CFPB Sues National Bank for Tricking Consumers Into Costly Overdraft ServiceToday the Consumer Financial Protection Bureau (CFPB) is suing TCF National Bank for tricking...
- Posted January 19, 2017
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Bank of America Dumping Credit Card Business to LloydsBank of America is getting out of the consumer credit card business, except in...
- Posted December 20, 2016
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Sanctioned Disruption of the Banking Industry to Come
For the most part the announcement from the Office of the Comptroller of the...
- Posted November 28, 2016
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Wells Fargo Bank Gets Nabbed and Then Delays Solving ProblemMuch has been said in recent days about Wells Fargo Bank getting nabbed for...
- Posted September 14, 2016
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CFPB Takes Bite Out of Dental FinancingThe Consumer Financial Protection Bureau (CFPB) has ordered Springstone Financial, LLC to provide $700,000...
- Posted August 19, 2015
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CFPB Says Citibank Really Screwed Over Consumers With Debt ProtectionThe Consumer Financial Protection Bureau (CFPB) has ordered Citibank, N.A. and its subsidiaries to...
- Posted July 21, 2015
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M&T Bank Accused of Discriminating Against Black, Latino and Asian Homebuyers
by Nikole Hannah-Jones ProPublica, Feb. 9, 2015, 11:06 a.m. One of the nation’s largest...
- Posted February 9, 2015
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The Importance of the Asterisk in Credit Offers Using a MiLEND ExampleA reader sent in a mailer about an offer from MiLEND for a new...
- Posted September 26, 2014
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U.S. Bank Slapped With Massive Fines Over Unfair Billing PracticesThe Office of the Comptroller of the Currency has just announced a $4 million...
- Posted September 25, 2014
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