taking action


Federal, State Agencies Accuse Ocwen Of Mortgage Errors, Illegal Foreclosures

We may be years removed from the robo-signing, foreclosure free-for-all that ensued following the collapse of the housing market, but mortgage servicers continue to screw things up. Today, federal and state regulators sued one of the nation’s largest home loan companies, alleging widespread errors that caused borrowers to lose money, and in some cases their homes.  [More]

Mike Mozart

Chipotle Investors Looking To Remove Founder & Co-CEO Steve Ells From Board Of Directors

Things over at Chipotle haven’t been exactly great this past year, what with all that food-borne illness stuff, tanking stocks, and customers fleeing. And things might not be getting any better — or a least for the co-captain of the ship, Steve Ells, as some investors are now calling for the co-founder to step down from his position as chairman of that board.  [More]

Adrian Scottow

Find A Newspaper Subscription Renewal Notice In The Mail? It Might Be Fake

Two years ago, newspapers began warning consumers that subscription renewal notices, which ask for your credit card and personal information, may look legitimate, but are more than likely a ploy by unscrupulous companies to get their hands on your money. Today, the Federal Trade Commission took a step to rein in this scheme by suing the operators of dozens of interrelated companies that send out such notices. [More]

(Stephan De Witte)

Feds Take Action Against Pair Of Deceptive Auto Title Lenders

When it comes to short-term, high-interest loans, payday lenders may get most of the headlines, but auto title loans can be just as perilous for borrowers, especially when the lenders use deceptive marketing. This morning, the Federal Trade Commission announced its first ever legal actions involving title loan operations that misled borrowers. [More]