Dossier
Predatory Lending
Coverage of Predatory Lending in the Nexus archive.
- A Judge Worried a Proposed Settlement Doesn’t Do Enough to Help Victims. The DOJ Is Still Moving Forward.
The U.S. Justice Department proceeds with a $68 million settlement against Texas land developer Colony Ridge despite a judge's criticism that the agreement fails to compensate victims and includes $20 million for law enforcement. Judge Alfred H. Bennett expressed discomfort with the provision, questioning its inclusion in a case initially focused on predatory lending practices.