Bankruptcy Blogs

Suzuki Motor Corp. ’s U.S.

Receiving Wide Coverage ...

Election Day Has Arrived: It seems remiss not to at least mention the story set to dominate today's news cycle. That is, of course, the presidential election, which appears virtually deadlocked as polls open today throughout the U.S. Some notable (and arguably left-leaning) pundits are predicting President Barack Obama will maintain the electoral edge exhibited in key swing state poll results and keep the presidency, while other (arguably right-leaning) pundits are arguing...

The potential consequences include rising interest rates, dropping home values, a resurgence of foreclosures and a dramatic, perhaps generational loss of consumer confidence.

Only a strong QM rule can prevent a repeat of the past and protect consumers from the type of risky and irresponsible lending that preceded the foreclosure crisis.