Bank fined $9M in debt case, Credit card issuer contends federal laws trump state court as issue heads to appeal
Archive for » January, 2006 «
Category: 2006 HSBC, Predatory Lending
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According to RealtyTrac, December led 2005 with the highest number of foreclosures. The December 2005 Monthly U.S. Foreclosure Market Report, which shows 81,290 properties nationwide entered some stage of foreclosure in December, a 13.5 percent increase from the previous month.
Category: 2006 HSBC, In the U.S., Predatory Lending
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According to RealtyTrac, December led 2005 with the highest number of foreclosures. The December 2005 Monthly U.S. Foreclosure Market Report, which shows 81,290 properties nationwide entered some stage of foreclosure in December, a 13.5 percent increase from the previous month.
Category: 2006 HSBC, In the U.S., Predatory Lending
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Ponemon Institute and Vontu, Inc. have announced the results of their 2006 Privacy Trust Study for Retail Banking concluding that National City and US Bank tied for first place. Runner-ups included Fifth Third Bank, Wachovia, PNC Bank, and Washington Mutual.
Category: 2006 HSBC, In the U.S.
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WASHINGTON - The Federal Trade Commission (FTC) hit data broker ChoicePoint with a $15 million penalty Thursday for failing to adequately protect the consumer information in its databases. The Atlanta-based ChoicePoint agreed to pay a $10 million fine — the largest in FTC history — and to establish a $5 million consumer restitution fund. “The message to ChoicePoint and others should be clear: Consumers’ private data must be protected from thieves,” said FTC Commissioner Deborah Platt Majoris.
Category: 2006 HSBC, In the U.S.
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