Bankruptcy Blogs

Ginnie Mae venture with Chicago FHLB crosses mortgage milestone

03/14/18

A mortgage program created by a 2015 partnership between the Federal Home Loan Bank of Chicago and Ginnie Mae has securitized over $1 billion in government-backed mortgages, the partnership announced.

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Trump picks CNBC anchor Kudlow as top economic adviser

03/14/18

President Trump is expected to announce as early as Thursday morning that he has selected Larry Kudlow, the host of CNBC's "The Kudlow Report," to replace Gary Cohn as head of the National Economic Council, according to multiple media reports.

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Online lender's new target: Small businesses waiting to get paid

03/14/18

Fundbox is testing a payments and credit network for small businesses and their business clients that may offer an alternative to traditional lenders, credit card issuers and supplier financing.

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Legislative progress on flood insurance changes still elusive

03/14/18

As Congress moves quickly toward passing regulatory relief legislation, another financial services policy goal — long-term reform of the National Flood Insurance Program — remains stalled.

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Former Equifax CIO Jun Ying accused of insider trading, DOJ says

03/14/18

A former senior executive at Equifax Inc. was criminally charged for allegedly selling almost $1 million worth of shares before the company’s announcement last year that it had suffered a massive data breach.

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Housing market needs an explicit government guarantee

03/14/18

A clear government backstop for the mortgage market would benefit small banks and investors by ensuring a stable and liquid secondary market for securities.

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Coinbase gets a U.K. money license and reportedly a bank account

03/14/18

Coinbase Inc., one of the largest cryptocurrency exchanges, said it obtained an e-money license in the U.K. as it expands services in Europe. A local subsidiary also opened an account at Barclays Plc, easing deposits and withdrawal for clients.

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Regional banks get a boost; Kudlow considered

03/14/18

Smaller bank stocks have outperformed the big banks with the prospect of Dodd-Frank rollbacks; Trump “very strongly” pondering TV analyst for adviser role.

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9 controversial provisions in Dodd-Frank reform bill

03/14/18

Though the Senate regulatory relief bill falls well short of a far-reaching House bill, critics argue it could still increase the chance of another bank bailout by the government and weaken consumer protections. Here are the measures causing the most debate.

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Indiana credit union set to buy Louisville bank

03/13/18

The deal – expected to close later this year – will be the third credit union acquisition of a bank so far in 2018.

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