Bankruptcy Blogs

HSBC to offer online small-business loans in Canada

11/19/18

The lender is working with the fintech Biz2Credit to offer both secured and unsecured digital loans.

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American Bar Association: exempt lawyers from FDCPA

11/19/18

The American Bar Association, at the urging of its debt collection lawyer members, is supporting HR 5082, which would partly exempt lawyers from the Fair Debt Collection Practices Act.

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Deutsche Bank is said to be drawn deeper into Danske scandal

11/19/18

The German lender was a correspondent bank for the Tallinn, Estonia, branch of Danske Bank that is the focus of multiple international investigations.

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CFPB’s ‘disclosure sandbox’ puts consumers at risk

11/19/18

The initiative would allow financial firms to test new — and potentially less transparent — disclosure forms on customers.

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FHA's $14.4B problem; Danske whistleblower to speak

11/19/18

The agency's mortgage insurance fund has big potential shortfall; Howard Wilkinson can tell U.S. regulators and law enforcement agencies what he knows.

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Union, First Interstate, Simmons First: Fall's biggest M&A deals

11/18/18

The past month was a busy one for community banks with expansion on the agenda and millions to spend.

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Will Democrats’ midterm success spur progress on GSE reform?

11/18/18

The end of one-party rule in Washington could move the needle on efforts to devise a new housing finance framework.

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Update on Catholic Dioceses's Chapter 11 Filings, Fall 2018 Edition

11/17/18

A few weeks ago, Marie Reilly (Penn State Law, University Park) posted to SSRN a new paper, Catholic Dioceses in Bankruptcy, which details the outcomes of the eighteen chapter 11 cases filed by Catholic dioceses and religious institutes since 2004.

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Updated GSE plan, CECL change, Wells layoffs: Top stories of the week

11/16/18

Moelis submits a revised Fannie/Freddie blueprint; FASB considering a plan to have banks break out charge-offs and recoveries on year-by-year basis; Wells Fargo layoffs begin with 1,000 jobs in mortgage and tech; and more from this week's most-read stories.

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Global VC firm keen on neobanks hints at where it will invest in 2019

11/16/18

The Omidyar Network has invested in five challenger banks. Tilman Ehrbeck, who is leading its financial inclusion efforts, says the firm will invest more in apps for gig workers and retirees next year.

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