Illinois Regulators Take Aim At Car Title Lenders

As you might remember, efforts in the General Assembly to crack down on predatory "payday" ... loans is the combination of exorbitant interest rates and meager regulation. Indeed, title loan ... these proposed rule changes: - Restrict loans to $4,000 or less. - Limit the number of times a loan [more...]

Date: 2008-07-23 16:57:45

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Settlement Officer Sentenced For Diverting Funds Intended To Pay Off Mortgage Lenders

Marny Arlen Bailey, 35, Highland, Maryland was sentenced to 21 months in prison followed by five years of supervised release for wire fraud in ... the homeowners’ previous loans, announced United States Attorney for the District of Maryland Rod J. Rosenstein. Judge Motz also ordered that Bailey pay restitution of $877,000, to the title company [more...]

Date: 2008-12-09 10:22:51

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