Bankruptcy Blogs

A Call to Streamline Call Reports

08/14/14

The time spent preparing these reports has increased exponentially over the years, leaving bankers with less and less time to help customers, and communities, prosper. Allowing highly rated banks to file short-form call reports could significantly ease that burden, writes the ICBA's Camden Fine.

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Banks' Best Mortgage Source: Their Own Customers

08/14/14

Banks can use advanced database marketing techniques to identify current customers who may be shopping for a mortgage, writes Garth Graham.

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The Daily Docket: EFH Creditors Want Answers From IRS

08/14/14

Creditors threatened with big losses in Energy Future Holdings Corp.’s bankruptcy case are demanding answers about the tax issues they say are driving the big Dallas power seller’s strategy for restructuring its $42 billion debt load. Read the Daily Bankruptcy Review article here.

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Morning Scan: Amazon Jumps into Card Readers; New Subprime Mortgage Trend?

08/14/14

Receiving Wide Coverage ...

Amazon's Card Reader: Amazon head honcho Jeff Bezos is notorious for his predilection for spending money and his apparent lack of concern with making a profit. So it should come as no surprise when the Journal quotes an Amazon analyst saying the e-commerce giant won't make any money off its new Square-like mobile card reader, Amazon Local Register, which American Banker reported on Wednesday. The Journal notes that while Square has become...

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Banks' Social Media Strategies Take Time to Pay Off

08/13/14

Social media won't drive profits until banks figure out how to direct traffic to their blog and provide the kind of emotional content that people like to share, writes John Siracusa.

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How to Ease Prescreening Headaches in the Digital Age

08/13/14

Though leveraging credit prescreening can be complicated, organizations that are proactive in developing clear policies and processes can safely market themselves to desirable customers, according to consultant Rich Walker.

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Small Hospital Has a Whole Lotta Debt

08/13/14

A small hospital in Bloomington, Ind., has filed for bankruptcy with an eye-popping $134 million worth of debt.

Officials at Monroe Hospital, which has 32 beds but only cares for an average of eight patients, told a federal judge that the hospital owes about $121.8 million to a real estate investment trust that is both its landlord and lender.

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The Daily Docket: Corinthian Likely Needs More Cash

08/13/14

Embattled for-profit education company Corinthian Colleges Inc. will likely need to raise more money in order to complete its plan to sell the majority of its Everest, WyoTech and Heald campuses during the next six months, the company said Wednesday. Read the Daily Bankruptcy Review article here.

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Morning Scan: Housing Recovery Stalls; Ocwen Financial's Woes

08/13/14

Receiving Wide Coverage ...

What Housing Rebound? That must have been a dream. Two reports in Wednesday's papers served as ice-cold buckets of water on any hope you may have had that the value of your home was surging. First, the Journal reported on a National Association of Realtors release, which said single-family housing prices rose 4.4% in the 12 month-period that ended in the second quarter; that's the slowest annual pace since 2012. In sum,...

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