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Wells Fargo pushes back on Sen. Warren's call for breakup
Fintech's loan servicing niche catches eye of Canapi, other VCs
Getting Your Mortgage Statements After Bankruptcy
Are you getting your mortgage statements after filing bankruptcy? Some mortgage companies use bankruptcy as an excuse to stop sending mortgage statements. (Or they send them to your lawyer, not to you.) The law is completely clear. The law says to keep ... Read full article
A Million Dollar Mistake: Personal Injury and Bankruptcy
A Million Dollar Mistake: Personal Injury and Bankruptcy Under Virginia law, the bankruptcy court cannot take away a personal injury claim. Injured in a car accident? Hurt in the hospital? Anyone in Virginia can file bankruptcy and still keep those ... Read full article
After Bankruptcy: Please Don’t Go Out and Co-Sign for a Car
After Bankruptcy: Please Don’t Go Right Out and Don’t Co-Sign for a Car Got an email last week that made me sad. Cherry filed Chapter 7 bankruptcy back in 2017. She recently went to buy a car and ended up getting financed by Santander at 21%. After she ... Read full article
Decentralized finance a threat to banks, but also an opportunity
Further Thoughts on Coinbase: Two Mysteries
I've been puzzling over two mysteries in the Coinbase saga: first, why does Coinbase care so much if Lend is deemed a security, and second, why did the SEC want the list of Coinbase customers who had signed up in advance for Lend. I don't know ... Read full article
Why some backers of student lending product welcome CFPB crackdown
Capital One testing buy now/pay later option to battle Affirm
KeyCorp uses sale of indirect auto loans to accelerate share buybacks
TransUnion to pay $3.1 billion for identity analysis firm
Biden poised to name CFTC picks to fill three Democratic seats
California credit union gains CDFI certification
Facial recognition tech is catching on with banks
Rural Georgia bank primed for growth under new ownership
Challenger bank MoneyLion letting customers buy and sell crypto
Biden nominates HUD official to be Ginnie Mae president
Mazzara v. Provencher Illustrates Dischargeability in the Era of Social Media
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Restaurant-payments firm Toast seeks up to $717 million in IPO