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Loan Modification

: Mortgage Lender Implode-o-Meter

Subprime Lending Returns to the U.K.

By Implode-Explode Heavy Industries

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"Although memories of the housing bust's losses are still fresh, lenders find it hard to resist the lure of high-interest-rate mortgages."

Full post as published by Mortgage Lender Implode-o-Meter on May 28, 2010 (boomark / email).

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Lawsuits and Settlements

Goldman Sachs
Agrees $60 Million Subprime Settlement in Massachusetts

Lenders Fined
Ryland Group Inc. settles $370,000 questionable lending suit.

Chevy Chase Bank
lawsuit claims the bank is in violation of the Truth in Lending Act

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