Bankruptcy Blogs

Tough regulations, strict oversight and sophisticated analytics can all help, but they pale in comparison to a culture that actively embraces risk management rather than paying lip service to it.

Results suggests safety when there is none and diverts attention from the real need for structural reform.

Receiving Wide Coverage ... Freddie vs. Banks Over Libor: Freddie Mac is suing more than a dozen banks and the British Bankers Association, alleging it incurred substantial losses as a result of Libor-rigging. The alleged losses are related to swaps transactions and mortgage securities the GSE had linked to Libor. The suit claims the BBA participated in the rigging "to protect revenue it generated from selling Libor licenses and to appease the banks that were on...

Your mortgage lender is demanding that you “reaffirm” a mortgage note on your residence in your bankruptcy case. Should you agree to do so? First the basics: There are two parts to your agreement with the mortgage lender regarding your residence. The first part is the note, your promise to repay the amount of money [...]

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