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Loan Modification
: Loan Modification & Home Loan NewsConsumers may get a new watchdog. The banks object, what?s new?
By Moe Bedard
Full post as published by Loan Modification & Home Loan News on June 16, 2009 (boomark / email).
Class Action Filed Against Banks in Foreclosure Proceedings
Class Action Filed Against Banks in Foreclosure Proceedings
DirecTV
alleging a cancellation fee that is improperly or insufficiently disclosed to consumers.
Antitrust
Price Fixing Could Cost Consumers up to $300 Billion Annually
Airborne Settlement
Company agrees to pay consumers $23.3 million class action settlement for false advertising.
Auto Financing
Credit Acceptance Corp. agrees to $52.1 million class action settlement after overcharging consumers for fees and interest on automobile installment contracts.
Defective Furnaces
Carrier Corporation agrees to compensate consumers for high efficiency gas furnaces in class action settlement.

William Delahunt, banks at odds on consumer watchdog
Banks vs. Consumers (Guess Who Wins)
Business Week: "Banks vs. Consumers"
Foreclosure - How Are The Banks Treating Consumers
Business Week Publishes Investigative Report on the National Arbitration Forum
Banks Tighten Belts Further on Mortgages Amid Credit-Freeze









