The U.S. Justice Department announced on December 21, 2011 that Bank of America agreed to a $335 million settlement for racial bias allegations in connection with Countrywide Financial mortgage loans. This is the largest residential fair lending settlement in history, according to the New York Times.
One extremely common New Year’s resolution in our current culture is weight loss. Unfortunately, such resolutions may be dangerous on occasion—even fatal in some cases.
The hazards of some toys that may find their way under your tree this holiday season can be serious—even fatal. On November 22, 2011, the Florida Public Interest Group (“PIRG”) released its 26th annual “Troubles in Toyland” report on dangerous toys.
On November 1, 2011, the Federal Reserve Board announced that homeowners who believe they were financially harmed during the mortgage foreclosure process by certain banks and other lending institutions in 2009 and 2010 may be entitled an independent review and potential compensation.
