Tag Archives: misleading advertising

HSBC Denied Bid to Dismiss Class Action Lawsuit Over Force-Placed Insurance

As we previously explained in our May blog post, which covered the N.Y.S. Department of Financial Services Probe Into Force-Placed Insurance, in order to obtain a mortgage, lending banks usually require homeowners to maintain insurance on their property. If a … Continue reading

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Update: The New York Department of Financial Services Orders Force-Placed Insurers to Submit New Rates

We have an update to our May blog post regarding The New York State Department of Financial Services (“DFS”) probe into the “force-placed insurance” industry. After holding several days of public hearings the DFS determined that numerous insurers have been … Continue reading

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DEBIT CARDS SWALLOW UP STUDENT LOAN MONEY

In the guise of providing convenience to America’s college students, certain financial institutions have teamed up with almost 900 college campuses nationwide to link students’ national financial aid funds to debit cards. While these debit cards purportedly seem to make … Continue reading

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