Bankruptcy Blogs

The Daily Docket: Detroit to Make Case for Bankruptcy Eligibility

10/23/13

Detroit’s ready to make a case for its bankruptcy eligibility Wednesday, The Wall Street Journal reports.

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Long-Term Viability in Mortgage Market Hinges on Reps-and-Warrants Overhaul

10/22/13

Lenders will be exposed to material put-back risk unless steps are taken to set industry standards for loan origination and processing.

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DMX in Hot Water with Bankruptcy Watchdog

10/22/13
Stephen Lovekin/Getty Images
DMX performs onstage at the 2009 VH1 Hip Hop Honors at the Brooklyn Academy of Music on Sept.
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All Federal Mortgage Lenders Should Follow New GSE Quality Controls

10/22/13

Fannie Mae and Freddie Mac have tightened their ‘representation and warranty’ framework. Other public sector mortgage funders, including FHA, VA, and the USDA should follow suit … or risk being left with lemons.

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Statutory Personal Property Exemption Allowed Despite Amendment

10/22/13

In the case of In re: Laura Martias, Case 07-20488-BKC-PGH, Bankruptcy Court adopted a permissive approach and allowed the debtor to amend  her schedule of exemptions in schedule c and her statement of intention.

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How Mortgage Markets Can Price Risk Efficiently

10/22/13

Higher capital requirements for federal mortgage lenders, more stringent QM and QRM requirements for borrowers and a heightened reliance on private markets will help keep taxpayers from paying for future bailouts.

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Individuals Named in British Libor Investigation

10/22/13

Receiving Wide Coverage ...

Naming Names: British authorities have identified almost two dozen individuals at banks as possible co-conspirators in a probe into the manipulation of the London Interbank Offered Rate. The Serious Fraud Office notified the individuals last week that they had been included in court papers related to a case against Tom Hayes, a former trader at UBS and Citigroup. High Court justice Jeremy Cooke also lifted an order from last week that barred...

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The Daily Docket: Lehman Australia Creditors Approve $48M Settlement

10/22/13

Creditors of Lehman Brothers Holdings Inc.’s Australian unit have approved a $48 million settlement with a group of insurers over claims the investment bank misled a group of towns, charities and churches into buying risky securities backed by U.S. mortgages. Read the Daily Bankruptcy Review article via MoneyBeat.

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Bankruptcy Lawyer - Waiver of Florida Homestead Exemption in Unsecured Agreement Unenforceable

10/21/13

Miami Personal Bankruptcy Lawyer Jordan E. Bublick has over 25 years of experience in filing chapter 13 and chapter 7 bankruptcy cases. His office is in Miami at 1221 Brickell Ave., 9th Fl., Miami and may be reached at (305) 891-4055. www.bublicklaw.com  

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Miami Bankruptcy Lawyer - Tenants by Entireties Exemption in Florida and New Jersey, Rule 9001 Motion as to Involuntary Petition Cause of Action Not Property of the Estate

10/21/13

Chapter 13 Bankruptcy and Chapter 7 Bankruptcy - Miami Personal Bankruptcy Lawyer Jordan E. Bublick has over 25 years of experience in filing Chapter 13 and Chapter 7 bankruptcy cases. His office is centrally located in Miami at 1221 Brickell Avenue, 9th Fl., Miami and may be reached at (305) 891-4055.  www.bublicklaw.com

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