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HSBC Friend Bob Ney Quits Amid Scandal

A friend of predatory lender Household International and HSBC Representative Bob Ney, an Ohio Republican entangled in the corruption scandal centered on the former lobbyist Jack Abramoff, announced Monday that he would abandon his bid for re-election. The Justice Department has signaled for months that criminal charges against Mr. Ney, and possibly other […]

lobbyist Jack Abramoff, Ohio’s Ney and Predatory Lending

It pays - immensely - to enact state restrictions on America’s booming subprime mortgage industry, the Center for Responsible Lending reported. Consumers with marred credit or tight finances still get home loans easily and usually for a lower price when states govern subprime loans, researchers at the Durham, N.C.-based consumer advocacy group found.

Unfortunately Household International […]

Bob Ney and Abramoff - Predatory Lending Industry Friends

Tuesday’s guilty pleas by former Washington, D.C. lobbyist Jack Abramoff on charges of conspiracy, fraud and tax evasion have a local link. The public official in potentially the hottest water as a result is U.S. Rep. Bob Ney, R-Heath, whose multi-county 18th House District includes Glouster, Nelsonville and other parts of northwest Athens County.

Ney is […]