Bankruptcy Blogs

The Daily Docket: Judge Tosses BofA Suit Against FDIC

08/28/13

A federal judge dismissed Bank of America Corp.’s $1.7 billion lawsuit against the Federal Deposit Insurance Corp., a win for the regulator in the long-running battle over who is ultimately on the hook for losses tied to the multibillion-dollar fraud at disgraced lender Taylor Bean & Whitaker Mortgage Corp. Read the Daily Bankruptcy Review article here.

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Regulators Line Up to Fine JPM; B of A's Merrill in Blockbuster Bias Settlement; Inside the Finances (and Hobbies) of Fed Governors

08/28/13

Receiving Wide Coverage ...

Jamie's Cryin': If you are most CEOs, you know it's going to be a tough day when you wake up to read lots of stories about your company that quote people "familiar with the matter." For Jamie Dimon, it is just another day in August. ... The Federal Housing Finance Agency wants $6 billion in connection with its lawsuit alleging that JPMorgan sold Fannie Mae and Freddie Mac $33 billion of tainted...

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Let FHA Worry About Meeting Affordable Housing Needs

08/27/13

A call to reassign GSE affordable housing goals to private securitizers ignores important changes in underwriting standards and the nature of federal mortgage guarantees in the conventional conforming market.

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Unemployed Workers Over Age 50 Should Give Bankruptcy a Look

08/27/13

laid off baby boomerThe New York Times recently published a

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Tupac’s Mother Settles Claim Against Suge Knight

08/27/13
Associated Press
This 1993 file photo originally provided by Columbia Pictures shows rap musician Tupac Shakur in a scene from, “Poetic Justice.

The mother

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The JPM Crackdown: Justified or Political Payback?

08/27/13

If regulators have concluded that the largest banks are "too big to manage," then let's confront that head-on. But let's not target a bank and drag it down piece by piece.

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How Regulation Can Save Financial Innovation

08/27/13

History tells us that post-crisis reforms should increase confidence, but still allow regulated entities to innovate and prosper, all in support of a stronger economy.

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