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View Full Version : Consumer-Finance Watchdog Spurred by Obama Targets Mortgages, Payday Loans - Bloomber



NewsWhore
01-06-2012, 12:21 AM
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Consumer-Finance Watchdog Spurred by Obama Targets Mortgages, Payday Loans (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFjKVyWyABN7dHoq8mE-deVOsWReg&url=http://www.bloomberg.com/news/2012-01-06/obama-s-consumer-watchdog-targets-mortgage-firms-payday-lenders.html)
Bloomberg
The 14 largest mortgage servicers entered a consent decree with the Office of the Comptroller of the Currency that cost JPMorgan Chase & Co. (JPM) $1.1 billion. Consumer protection rules might also have prevented the rise of so-called liar loans, ...

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