Bankruptcy Blogs

Otting’s ‘discrimination’ comment is blow to CRA efforts: Senate Dems

06/14/18

The OCC chief’s bizarre statements in House testimony produced shock waves that reached the Senate Banking Committee Thursday.

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SunTrust to take its senior housing business national

06/14/18

The Atlanta bank has financed construction and other activities tied to nursing homes and related facilities mainly in its East Coast markets. It says the timing is good to tap into demand elsewhere in the country.

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Correcting the record: The Reserve Primary Fund and the financial crisis

06/14/18

Setting the record straight on what happened to the Reserve Primary Fund at the height of the crisis.

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Turnaround complete, Bank Leumi seeks U.S. expansion

06/14/18

The Israeli-owned company, which spent the last half-decade addressing stagnation, is open to acquisitions or going public.

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Dunning at the Drive-Thru

06/14/18

The CFPB announced the first new enforcement action since Mulvaneyshchina.  It's a settlement with an installment lender, Security Group, Inc. (d/b/a under a lot of different names) over unfair debt collection practices.  We now know just how badly a firm has to behave to get in trouble with the Mulvaney CFPB:  

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Volcker Rule changes may do more harm than good

06/14/18

Proposed changes to Dodd-Frank's ban on proprietary trading are unnecessary and put the markets at risk.

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Identity Data Doesn’t Tell the Whole Story

06/14/18

How to Leverage Offline and Online Data for Highly Effective Multifactor Authentication

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Merchants Bancorp acquiring deposit-rich bank in Illinois

06/14/18

The Indiana bank would add nearly $100 million in deposits with its purchase of FM Bancorp.

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HomeStreet cutting more mortgage jobs, closing 18 lending centers

06/14/18

The Seattle company is firing 127 people, or a tenth of its mortgage staff, after enduring months of slow activity.

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CFPB fines debt collector; Adyen shares nearly double on first day

06/14/18

Security Group was fined $5 million for abusive collection tactics; the Dutch payments company is now valued at nearly $16 billion.

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