Sentence examples for lending fraud from inspiring English sources

A new revelation of lending fraud?

Once France's largest bank, it came close to collapse in the early 1990s after years of reckless lending, fraud and bad management.

But when loans became delinquent or sank into default, many mortgage insurers rescinded the coverage, contending that losses were a result of lending fraud or misrepresentations.

That could kill state-based cases against unfair loans, deceptive lending, fraud and other abuses if they pertain in any way to the ability to repay or refinancing.

In the past decade, lending fraud lawsuits against Ameriquest and FAMCO made the news.

Ron Reagan pushes the Barney Frank point that it's needed to avoid lending fraud and Republicans are afraid not that it'll fail but that it'll work, adding that "they, and some Democrats, are in the hip pocket of the banking industry".

As for the current financial crisis, Mr. Garcia, whose office has major investigations under way, said the meltdown exposed a variety of schemes, like predatory lending and fraud.

Instead, the mortgages turned out to be an excuse for predatory lending and fraud, enriching the lenders and Wall Street at the expense of subprime borrowers, many of whom ended up in foreclosure.

"There is a truism in baseball and in Congress," said Representative Mike Pence of Indiana, the No. 3 House Republican, who opposed the lending, financial fraud and credit card measures.

The shadow home secretary said it was a scandal no-one has been arrested for the "multi-billion pound" Libor inter-bank lending rate fraud.

Most outrageously, these communities so devastated by the crisis were also targets of many of the practices that helped cause it -- including discrimination, predatory lending and fraud.