No Bull, No Fluff, No Smudges
Your news source for
Flagler, Florida and Beyond

banking
Posts tagged as: banking

All-Cash Business? Not So: Why It’s Getting Easier for Marijuana Shops to Open Bank Accounts

| December 16, 2017

Almost 400 banks and credit unions now serve the medical marijuana industry, according to the U.S. Treasury — a number that has more than tripled since 2014.

Household Debt Is a National Crisis. Predatory Lenders, Not Borrowers, Are To Blame.

| March 25, 2015

Placing fair caps on interest rates, ending predatory practices that push people further into debt, and creating a path out of debt for people who are struggling are some of the ways to alleviate a mounting crisis, argues LeeAnn Hall.

How Bank of America Regularly Lied to Homeowners and Rewarded Foreclosures

| June 16, 2013

Bank of America employees regularly lied to homeowners seeking loan modifications, denied their applications for made-up reasons, and were rewarded for sending homeowners to foreclosure, according to sworn statements by former bank employees.

Break Up the Banks: It’s Not a Fringe Idea Anymore

| April 16, 2013

Moments of consensus between left and right don’t come frequently in Washington, and we should heed them when they occur. Right now, that means breaking up the banks, argues Amy Dean.

A Florida Bank’s Rise and Fall Spotlights Fast-and-Loose Culture Plaguing the Economy

| October 19, 2011

The rise and fall of U.S. Century, whose leaders used it as their own corporate ATM, exemplifies the failure to regulate banking during the boom years and the slipshod approach to the bailout. Losers are taxpayers and Florida residents grappling with ill effects of sprawl.

Foreclosures Down 59 Percent in April, But Don’t Celebrate Yet, Florida

| May 12, 2011

Longer processing times and the backlash against banks’ speed-dialed foreclosures have more to do with the brighter number than an actual recovery in the housing market.

Prosecutorial Impotence: How Bankers Crashed the System and Got Away With It

| December 8, 2010

The most popular reason offered for the dearth of financial crisis prosecutions is that the banking system was hit by a systemic and unforeseeable disaster, which means that it’s unlikely that anyone committed any crimes. Is it?

Wrongful Foreclosure: What You Need To Know

| November 27, 2010

Banks and foreclosure defense attorneys disagree on whether errors in the process have caused wrongful foreclosures — but their definitions of what constitutes a “wrongful foreclosure” differ.

Why You Won’t Have to Leave Your Foreclosed House (If You have a Good Lawyer)

| October 6, 2010

Some banks are still insisting that their errors are minor and foreclosures will continue, but what they say publicly and do privately are two different things.

Mandatory Mediation on Home Mortgage Foreclosures To Start in Flagler July 19

| July 14, 2010

Mediation is designed to reduce the caseload on the court system and help people stay in their homes. Whether it actually works is open to question.

$75 Billion Mortgage Modification Program Is $74.76 Billion Behind

| May 12, 2010

The Obama administration committed to spend up to $75 billion on its foreclosure-prevention program. More than a year later, only about $242 million had actually been paid out.

Loading

Get FlaglerLive Alerts by Email

Sign Up for email alerts to new stories.

ADVERTISEMENTS

support flaglerlive palm coast flagler county news pierre tristam
fcir florida center for investigative reporting
Advertisement
FlaglerLive is a non-profit 501(c)(3) organization | FlaglerLive.com P.O. Box 254263, Palm Coast, FL 32135 | Contact the Editor by email | (386) 586-0257 | Sitemap | Log in