Bankruptcy Blogs

Flagstar to record recovery from troubled commercial loan

09/20/19

The Michigan company sold collateral tied to Live Well, a mortgage company that has filed for bankruptcy protection.

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Stripe’s valuation rises to $35B; Bank stocks a buy?

09/20/19

The fintech is now worth $10 billion more than its top rival, Square; cost cuts, asset growth and share buybacks could offset the headwinds from low rates.

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First Financial entering key university market with latest deal

09/20/19

The company will by TB&T Bancshares, which operates branches near Texas A&M University.

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'These foolish ideas': Comments of the week

09/19/19

Readers react to plans by Democratic presidential candidates to reform college tuition, credit unions buying more banks, whether the next president could fire the CFPB head and more.

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Trump housing plan could have unintended consequences for FHA

09/19/19

The proposed reforms of Fannie Mae and Freddie Mac have gotten all the attention, but the administration also wants to scale back the Federal Housing Administration, expand its capital cushion and adopt risk-based pricing. Some of the ideas have former agency officials concerned.

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The derailment of California's payroll advance law

09/19/19

A first-in-the-nation bill that drew unanimous support from the state Senate failed to get over the finish line this year. What happened?

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Real-time payments: Are we halfway there?

09/19/19

The promise of real-time payments and the reality of the market are often at odds. That’s not a bad thing — it’s a sign there are pockets of demand that weren’t originally foreseen.

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There's Still Time to Register for NCBJ 2019

09/19/19

The National Conference of Bankruptcy Judges' annual conference is happening soon – Wednesday, October 30 through Saturday, November 2. I'm delighted to be part of this year's education committee. The 2019 conference features some panels that include Slipsters and touch on Slipsters' research. (If you're thinking of attending, "semi early bird" registration, with its lower costs, ends at the end of September.)

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KeyCorp's Beth Mooney to retire; Gorman named successor

09/19/19

Mooney was the first woman to lead a top-20 U.S.-based bank. Gorman, the Cleveland company's vice chairman and president of banking, will replace her on May 1.

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Citizens Financial Services entering Delaware with MidCoast purchase

09/19/19

The Pennsylvania company will pay $31 million for a bank with $269 million in assets.

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