Bankruptcy Blogs

Bankruptcy, Illness, and Injury: More Data

10/24/17

A while back, political scientist Mirya Holman and I wrote a book chapter making sense of existing (and dueling) studies of the relationship between medical problems and bankruptcy, and presenting new findings from the 2007 Consumer Bankruptcy Project on debtors who entered into paymen

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CFPB claims challenged; HSBC FX trader convicted

10/24/17

Treasury contests agency’s claims that ban on mandatory arbitration benefits consumers; former head of FX trading used client information to profit the bank.

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Does fintech have a diversity problem?

10/24/17

Amy Nauiokas, co-founder of venture capital and advisory firm Anthemis Group, shares her take the dearth of women in top fintech positions and how the industry could fix that.

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Breaking Banks: Fintech in Asia

10/23/17

This week’s show is the first episode of a spinoff, Breaking Banks Asia, hosted by Simon Spencer.

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Apple co-founder doesn’t want the tech giant to become a bank

10/23/17

Steve Wozniak indicated that he'd like to see the Silicon Valley behemoth continue to partner with banks, rather than applying for its own charter.

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Zions made $5M in interest-free loans to employees hit by Harvey

10/23/17

The Salt Lake City bank reported strong 3Q results despite unexpected expenses tied to hurricane damage in its Texas market, and it vowed to stay on track in meeting its cost-savings goals.

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Fight to kill CFPB arbitration rule could rest on whose data is right

10/23/17

With days ticking down for lawmakers to overturn the Consumer Financial Protection Bureau rule, some are now questioning the statistics used to challenge the bureau’s data.

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Regional bank execs urge Senate to raise SIFI limit

10/23/17

Top executives at nineteen regional banks sent a letter to the Senate Banking Committee endorsing a bill that would change the systemically important financial institution threshold from $50 billion in assets to an indicator test.

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FHFA to seek public input on alternative GSE credit score model

10/23/17

Federal Housing Finance Agency Director Mel Watt said the agency is poised to examine alternatives to how a Fannie Mae and Freddie Mac assess creditworthiness of home buyers, including seeking public comment on the issue later this fall.

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HUD Secretary Carson vows to pull back on mortgage penalties

10/23/17

Ben Carson doesn't want big banks to worry so much about being penalized from mortgage lending errors.

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