Bankruptcy Blogs

Let’s get housing reform right this time

10/21/19

As lawmakers tackle Fannie Mae and Freddie Mac, any revamp must lessen risk to the mortgage system and U.S. taxpayers.

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Santander's deposit push; HSBC’s strategic about-face

10/21/19

Santander Consumer is planning to attract online deposits via a national platform that could rival Goldman Sachs’s Marcus; HSBC is now in retrenchment mode after aiming for growth.

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‘Absolute scam’: Complaints about credit monitoring plans flood CFPB

10/20/19

Regulators have long warned the credit bureaus about deceptive marketing that causes consumers to sign up unwittingly for paid monitoring services. But the practice has persisted, according to complaint data.

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Multifamily loan concentration is no weakness, this bank says

10/20/19

Malaga Financial has no intention of diversifying its portfolio despite heavier competition and potential funding challenges.

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Investors Bank teams with OnDeck to offer online business loans

10/20/19

Customers of the New Jersey bank will be able to complete applications in minutes and receive funding in as little as one business day.

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Potential Truist delay, Katie Porter, tech giant trust issues: Top stories of the week

10/18/19

BB&T-SunTrust merger closing could slip into 2020; how “the most feared freshman” is shaking up House Banking panel; consumers are split about trusting Amazon, Google with their savings; and more from this week’s most-read stories.

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One regional bank’s plan to wait out the Fed

10/18/19

Count Citizens Financial’s Bruce Van Saun among those who think interest rate cuts could halt by mid-2020. The key, he says, is to focus on delivering services customers are willing to pay fees for and to skillfully reprice deposits until then.

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Supreme Court will hear CFPB constitutionality case

10/18/19

The high court will decide how much latitude a president has to fire the director of an independent agency.

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Willful and Malicious Standard Encompasses Alienation of Affections

10/18/19
Divorce can be both expensive and traumatic for the parties going through it but in a few states, it can be expensive for the outside party causing the divorce. As one Texas debtor recently found out, causing a marriage to crumble in North Carolina can result in a non-dischargeable debt.   King v. Huizar (In re King), No. 19-5007 (Bankr. W.D. Tex.
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