United States of America

Subprime Predatory Lending: How to Protect Consumers without Harming the Market?

Par Anibal Zarate, Doctorant à l'Université Panthéon-Assas Paris II, Promotion 2004-2005. Predatory lending abuses, particularly rampant in the subprime residential mortgage market1, have not only shadowed the positive results obtained in granting low and moderate homeowners with some of the same financial options and resources that had been previously reserved for prime borrowers2 , but equally

Federal class actions and the exhaustion of administrative remedies

By Natalia Reyna, Esq * LLB Universidad Externado de Colombia LLM University of Connecticut, School of Law. Associate at Drubner & Hartley, LL.C. In United States, a Class Action is a procedural mechanics pursuant to one or more plaintiffs bring a law suit on behalf of a large group of people with whom the plaintiffs share common law issues or factual situations relevant to the case. The main