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Predatory Lending Bill A Ruse, Consumer Groups Charge
A new bill introduced in Congress by Reps. Robert Ney of Ohio and Paul Kanjorski of Pennsylvania would demolish many of the protections states and the federal government have carefully erected against predatory lenders and would expose millions of homebuyers to the loss of their savings and even their homes, consumer advocates said.
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California Sues American Funds
California Attorney General Bill Lockyer has filed a securities fraud lawsuit against American Funds' Los Angeles-based distributor and investment manager, alleging the defendants failed to adequately inform investors about $426 million in "shelf space" payments made to dozens of broker-dealers to sell and recommend American Funds.
Unscrambling The Egg, Health Decisions Inc. Recovers Money After Health Insurance Claims Are Paid
Giant health care insurers and mid-size to large corporations can improve profits by recovering money after health insurance claims are paid. Health Decisions Inc. a national leader in group health claim recovery, serves commercial insurers, HMOs, self-funded companies, consultants, brokers, union trusts, and government entities. [PRWEB Oct 6, 2004...
Check 21
Today I got a notice from my bank telling me about the Check Clearing for the 21st Century Act. As I don't receive cancelled checks in the mail, this act will have little effect on me. However, there are quite...
Metro/State Briefs (Detroit News)
DETROIT -- General Motors Corp . and Ford Motor Co ., whose credit ratings may be cut to junk, are boosting sales of bonds backed by auto loans to lower borrowing costs. GM's finance unit issued $2.2 billion of asset-backed securities in February.
Local disaster assistance loan program now available
In association with Central Florida Community Development Corp., Minority/ Women Business Enterprise Alliance Inc. -- aka The Alliance -- now is offering a new loan product to assist businesses affected by the hurricanes in 2004.
Credit in the News from HaxWax-Finance.com:
Brinker Advisory Services Inc. Announces the Inaugural Issue of the Brinker Fixed Income Advi$or Inv...
The Brinker Fixed Income Advi$or is an investment newsletter tailored for the fixed income investor. Our goal is to enable the fixed income investor to more effectively manage his or her fixed income portfolio. Each month our newsletter will provide informative fixed income investment articles as well as insights into recent financial information....
Small Business needs credit and support : SF Indymedia
Business needs credit and support
by Charlie Peters
Saturday, Apr. 09, duel fuel café credit, and those items we believe would cut car impact 50
INSURANCE SCAM: Care providers bilked 5.6 billion
Care service providers bilked 5.62 billion yen from the long-term nursing care insurance system in fiscal 2003, more than double the figure of the previous year, a health ministry survey showed.
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