Bankruptcy Blogs

Popular rebounds from Maria, but Puerto Rico's challenges endure

09/21/18

The San Juan company has largely recovered from the hurricane that hit a year ago, and it has made extensive preparations for future natural disasters. Yet its home market is still suffering from debt and net outmigration of residents.

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Fed to repeal originator licensing rules now governed by CFPB

09/21/18

The central bank said the proposal is intended to eliminate duplication of rules for entities covered by the Secure and Fair Enforcement for Mortgage Licensing Act of 2008.

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CFPB faces legal minefield in crafting rule on small-business loan data

09/21/18

The agency wants more information as it conducts fair-lending exams, but conflicting statutes make writing a data collection rule difficult.

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How does a community bank grow into a regional power? Hire like one

09/21/18

Union Bankshares in Virginia has been adding executives from much larger competitors as it looks to compete more effectively with bigger banks

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FHFA's Watt will testify at hearing as harassment probe looms

09/21/18

The agency’s director will appear with Fannie Mae CEO Timothy Mayopoulos at a hearing on FHFA's role as conservator, despite earlier rumors suggesting Watt might be a no-show.

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Borrower fraud to take bite out of Triumph's 3Q profit

09/21/18

The Dallas company said a commercial client submitted falsified documents that inflated how much colloteral it had available.

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Regulators finalize rule to modify swap requirements

09/21/18

Five agencies issued a final rule that established swamp margin requirements with restrictions on certain qualified financial contracts.

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CFPB to open Southeast regional office in Atlanta next year

09/21/18

The CFPB's move is in line with the other banking regulators who have offices in Atlanta.

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Why does the IRS file liens? And what you can do about one.

09/21/18

The obvious reason the IRS files a lien is because someone owes it money.  If you have a lien filed against your http://www.bankruptcylawnetwork.com/wp-content/up

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Public Service Loan Forgiveness Fail

09/21/18

20,521 applications rejected as ineligible. 96 borrowers approved.  Those are the early results for the Public Service Loan Forgiveness program. PSLF promised student borrowers with federal Direct Loans who worked in qualifying public service jobs that they would have their loan balances discharged after 10 years of income-based repayment.

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