Bankruptcy Blogs

The Broke and the Beautiful: OITNB Edition

10/24/14

This week on The Broke and the Beautiful, Teresa Giudice will serve time in the prison that was the setting for “Orange Is the New Black,” and the Backstreet Boys settled with former boy-band mogul Lou Pearlman. Also, Girls Gone Wild made a settlement with the Hottest Girl in America 2010.

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Weekly Wrap: Volcker Data Pains; A Push to Ease Credit Standards

10/24/14

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

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QRM's Missed Opportunities for Financial Stability and Servicing Reform

10/24/14

There are three major new regulations shaping the housing finance market:  QM (qualified mortgage), QRM (qualified residential mortgage) and Reg X.  QM is a safe harbor from the statutory ability-to-repay requirement that applies to all mortgages.  QRM is a safe harbor from the statutory risk retention requirement that applies to mortgage securitization.  And Reg X are the new mortgage servicing regulations.  It's important to understand how these three regulations interact and how they're going to affect the housing finance market.

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Forward Motions: Judge to Hear Closing Arguments in Detroit Bankruptcy

10/24/14
Fireworks burst over the Detroit city skyline during the annual Ford Fireworks show in downtown, Monday, June 23, 2014.
Associated Press

After a weekslon

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More Competition Is the Answer to Small-Dollar Credit Woes

10/24/14

Instead of trying to stop companies from offering payday loans and check cashing services to lower-income households, we should encourage more competitors Â-- including banks Â-- to enter this space.

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The Daily Docket: GT Will Wind Down Arizona, Massachusetts Locations

10/24/14
The new Apple Watch is pictured during an Apple event at the Flint Center for the Performing Arts in Cupertino, Calif., in this file picture taken Sept.
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Morning Scan: Stress Tests to Get Tough on Leveraged Loans; QRM Rule Bashed

10/24/14

Receiving Wide Coverage ... Prepping for Stress Tests: The Financial Times and Wall Street Journal each serves up a curtain raiser on next year's Fed-conducted stress tests, playing off the instructions the Fed released on Thursday, as well as the European Central Bank's stress test results that are due to be released on Sunday. Among the stressful scenarios to which U.S. banks will be theoretically tested are oil prices rising to $110 per barrel, and increasedÂ...

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Bankruptcy Could Mean Writer’s Block for Sam Wyly

10/23/14
Texas entrepreneur Sam Wyly arrives at federal court in New York in May for closing arguments at his civil trial.
Associated Press

Samuel Wy

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Regulatory Burdens Create Strange Bedfellows

10/23/14

Small banks and credit unions should work together to put pressure on legislators and regulators to reduce unnecessary and cumbersome regulations.

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International Insolvency Treaty: The Conversation Is Happening

10/23/14

International treaties take years to complete as it is, so imagine the complexities at play in a hypothetical international insolvency treaty.

But at least people are starting to talk about it.

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