Search Results

Displaying results 1 - 10 of 66 items found.

1. ib025-Ernst_Young_Arbitration_Comments-0205.pdf

(File; Fri May 01 12:50:00 CDT 2009)

Description: Summary of Ernst & Young's Arbitration Outcomes Report

2. Mandatory Arbitration Overview

(Web Page; Fri Aug 20 10:59:00 CDT 2010)

Denying access to justice Most people assume they can take their grievances to court if a lender violates the law. Unfortunately, many borrowers are denied that option through "binding mandatory arbitration" (BMA), a common clause in l...

3. Mandatory Arbitration Reports and Papers

(Web Page; Fri Aug 20 10:58:00 CDT 2010)

TITLE SOURCE DATE Separate and Unequal Justice: The Case Against Binding Mandatory Arbitration for Homebuyers Center for Responsible Lending 02/24/05

4. Turmoil in Arbitration Empire Upends Credit-Card Disputes

(Web Page; Mon Aug 30 13:17:00 CDT 2010)

J. Michael Cline of the private-equity firm Accretive LLC has come under fire in recent months, having obtained a stake in the National Arbitration Forum (NAF) -- which handles credit-card arbitration proceedings for banks -- and launche...

5. Comments on Ernst & Young Arbitration Outcomes Report

(Web Page; Fri Aug 20 10:01:00 CDT 2010)

View this document (PDF) Ernst & Young LLP recently released a report discussing the outcomes of binding mandatory arbitration (“BMA”) in credit-related, consumer-initiated arbitration cases.1 As an increasingly standard cont...

6. Forced Arbitration Denies Consumers Fair Hearing

(Web Page; Fri Aug 20 08:38:00 CDT 2010)

Consumers have the deck stacked against them when they are forced into mandatory arbitration by their credit card issuer or other financial services provider, an analysis by the Center for Responsible Lending confirms. Many consumers don...

7. Minnesota Lawsuit Claims Credit Card Arbitration Firm Has Ties to Industry

(Web Page; Thu Aug 26 13:50:00 CDT 2010)

A lawsuit lobbing accusations of "deceptive practices" at a dispute-resolution firm threatens to have widespread ramifications, including in the credit card business. The case centers around the issue of arbitration, under which cardhold...

8. Stacked Deck: A Statistical Analysis of Forced Arbitration

(Web Page; Wed Aug 18 12:10:00 CDT 2010)

"Stacked Deck" is a statistical analysis of outcomes in forced arbitration, also called mandatory arbitration or binding mandatory arbitration, that finds: Individual arbitrators have a strong incentive to favor the firms that provide...

9. Citigroup Must End Mandatory Arbitration

(Web Page; Thu Dec 10 17:25:00 CST 2009)

A broad coalition of civil rights and consumer groups calls on Citigroup to end the abusive practice of requiring borrowers to submit to mandatory arbitration to resolve complaints on home loans in order to make the "best practices" anno...

Description: -

10. Groups Commend Freddie Mac Ban on Mandatory Arbitration

(Web Page; Thu Dec 10 17:25:00 CST 2009)

WASHINGTON, DC, December 9, 2003 -- Consumer, civil rights and lending groups today hailed Freddie Mac’s recent decision to ban mandatory arbitration clauses from all subprime loans it purchases. The groups include AARP, Leadership...

Description: -