PREDATORY LENDING

(LIIBULLETIN preview)
MIAMI’S LAWSUIT AGAINST BANK OF AMERICA

Miami brought a Fair Housing Act (“FHA”) lawsuit against Bank of America, Countrywide Financial Corporation, Countrywide Home Loans, and Countrywide Bank (collectively, “Bank of America” or “the Bank”) on December...

(LIIBULLETIN preview)
MIAMI’S LAWSUIT AGAINST BANK OF AMERICA

Miami brought a Fair Housing Act (“FHA”) lawsuit against Bank of America, Countrywide Financial Corporation, Countrywide Home Loans, and Countrywide Bank (collectively, “Bank of America” or “the Bank”) on December...

(LIIBULLETIN preview)

John Cardegna needed money. Cardegna v. Buckeye Check Cashing, 894 So.2d 860, 861 (Fla. 2005), cert. granted, 125 S.Ct. 2937 (2005). But traditional lenders considered Cardegna to be a "high risk." See Id. He therefore turned to the payday industry,...