loans

Fed’s to tighten the Payday loan industry

NEW YORK/October 5, 2017 (STL.News) — Payday and automobile title creditors might have to stick to stricter rules which may significantly impact their business under rules finalized Thursday by a federal regulator. But the initial nationwide regulation of this industry continues to be likely to face opposition from Congress. The buyer Financial Protection Bureau’s rules … Continue reading Fed’s to tighten the Payday loan industry

Identity theft scheme leader gets 10-year prison sentence

NEW BRUNSWICK, N.J./August 12, 2017 (AP) (StlRealEstate.News) — The leader of an elaborate identity theft and mortgage fraud scheme that stole nearly $1 million from various lenders is now headed to prison. New Jersey authorities say Artis Hunter received a 10-year sentence Friday. The 50-year-old Union Township man had pleaded guilty in May to a … Continue reading Identity theft scheme leader gets 10-year prison sentence