Bankruptcy Blogs

FASB to consider delaying CECL deadlines for smaller firms

06/27/19

Accounting rules group is weighing whether to consolidate and push back deadlines for smaller firms to comply with credit-loss accounting change in light of concerns they will not be ready.

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CFPB extends comment period for HMDA proposal

06/27/19

The CFPB is giving trade groups and consumer advocates another three months to comment on its proposal to change what data is collected under the Home Mortgage Disclosure Act.

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Is leveraged lending a systemic risk?

06/27/19

Lending to companies with heavy debt loads is a growing business — one that many fear could lead to the next financial crisis.

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Banks clear CCAR stress test — though JPMorgan Chase, Capital One barely

06/27/19

In a year where most of the 18 institutions taking the second round of the Federal Reserve's stress tests showed improvements over last year, JPMorgan Chase and Capital One were both forced to adjust their capital plans in order to meet the central bank's minimum thresholds.

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Manafort pleads not guilty to New York mortgage fraud charges

06/27/19

Former Trump campaign chairman Paul Manafort pleaded not guilty in a New York mortgage fraud case — state charges that are beyond the reach of a presidential pardon.

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California on verge of capping rates on installment loans

06/27/19

The legislation, which passed a key test in the state Senate on Wednesday, is the product of a compromise between consumer advocates and some lenders.

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FDIC to consolidate supervision and resolution activities for large banks

06/27/19

The FDIC's new complex institution supervision and resolution division will be operational July 21.

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FB Financial wraps up mortgage refresh with correspondent channel sale

06/27/19

FB Financial is selling its correspondent lending channel to Rushmore Loan Management Services, which will complete the bank holding company's restructuring of its mortgage business.

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Regions names new heads of tech, M&A, consumer products

06/27/19

Amala Duggirala, Logan Pichel and Kate Danella are all part of the executive leadership team reporting to CEO John Turner.

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Big funds look to bypass banks; JPM looks to invest in bank tech company

06/27/19

Several large asset managers plan to meet directly with corporate clients to make loans; 10x Future Technologies promises faster and cheaper banking services.

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