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Corporate & Securities Law

: ContractsProf Blog

Capping interest rates for "predatory" lenders

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Voters in the Big Sky Country will be voting this coming Tuesday whether to put a cap on the interest rates charged by "nontraditional" lenders like payday and auto-title loan companies. On the Montana ballot is an initiative that would...

Full post as published by ContractsProf Blog on October 29, 2010 (boomark / email).

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Lawsuits and Settlements

Lenders Fined
Ryland Group Inc. settles $370,000 questionable lending suit.

Chase Bank
Faces Class Action over Credit Card Rates

Loan Backers
Mortgage Lenders Network pays $855,000 bankruptcy settlement for unfunded mortgages.

Matson, Horizon
accused of price fixing shipping rates via fuel surcharges.

Commonwealth Land Title Insurance Co.
allegedly failed to give policyholders discounted rates to which they were entitled.

Stock Market Losses
alleging bad financial advice and conflicts of interest.

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