Category Archives: predatory lending
Connecticut the Latest to File Suit Against Countrywide
CNN reports that Connecticut Attorney General Richard Blumenthal has filed suit in Hartford Superior Court today against Countrywide, becoming the fourth state (after California, Florida, and Illinois) to sue what was once the nation’s largest mortgage originator over its lending … Continue reading
Major Ruling on Borrower Class Actions on the Way
The Washington Post published this article today about the Seventh Circuit Court of Appeals’ impending decision on whether homeowners can bring class action lawsuits against lenders to cancel predatory, misleading, or defective loans. The case was brought by a Wisconsin … Continue reading
Posted in appeals, class actions, predatory lending
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