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Home » Store » Taxable » Fairbanks’ Practices Under Review By HUD and FTC

Fairbanks’ Practices Under Review By HUD and FTC

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Federal regulators have opened a chilling new front in their crackdown on abusive lending. But this time, servicers, not originators, are in the crosshairs. Officials at Fairbanks Capital Corp. confirmed last week that the company has been contacted by the Department of Housing and Urban Development and the Federal Trade Commission. Both of the agencies are looking into complaints against the company by borrowers who claim that,
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