Miami Lawsuits On Mortgage Discrimination To ContinueThe city of Miami's lawsuits claiming three major banks engaged in discriminatory mortgage lending practices for years will continue in federal court.
Court Clears Way For Miami Lawsuits Against BanksA federal appeals court Tuesday said the city of Miami can pursue lawsuits alleging that three major banks violated the Fair Housing Act by targeting minorities for predatory loans.
Foreclosure Settlement Means Checks For Some FloridiansSome Floridians who lost their homes to foreclosure will receive a check as part of a national settlement with five major banks.
City Of Miami Sues Banks For Alleged Predatory Lending The City of Miami has sued three major banks for what it calls predatory lending in poor neighborhoods.
Citigroup Dumping 11,000 Jobs, Taking $1 Billion ChargeCitigroup, one of the largest financial conglomerates in the world, announced Wednesday that it was cutting 11,000 jobs worldwide and taking a $1 billion charge.
Foreclosure Settlement Should Benefit S. Fla.After more than a year of negotiations, five major banks will pay approximately $26 billion to American homeowners for the banks roles in foreclosure abuses including the robosigning scandals that ravaged the industry.