News Topic: CreditSlips

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Thank you to the Credit Slips team and, in particular, Bob, for inviting me to guest blog. ... Read full article

The New Mexico Supreme Court decided Bank of New York v. Romero, No. 33,224 slip op. (N.M. S. Ct. ... Read full article

Credit Slips  is please to welcome Professor Drew Dawson as a guest blogger. Drew is on the faculty at the University of Miami School of Law where he teaches the bankruptcy, commercial law, and the other sorts of course you would expect from someone at  ... Read full article

The recent World Bank Report on the Treatment of the Insolvency of Natural Persons   highlighted in its first pages (13 and ff.) the alternatives regarding which debtors to be include in this special regime. ... Read full article

First of all, I would like to thank the Credit Slips team and, in particular, Bob, for hosting me here again. I guess that after six years, memory is weak, and it is easier to believe that I could have something interesting to share with their readers. I ... Read full article

After seeing yet another prominent news article grousing about the tax consequences of short sales and other forms of mortgage relief , I thought I'd pass along a discovery I made a few years back that seems to be ignored over and over in the popular ... Read full article

Francisco Javier Arias Varona, Profesor Titular de Derecho Mercantil at the Universidad Rey Juan Carlos in Madrid, Spain, will be joining as a guest blogger for a few weeks. Long-time readers may remember Javier's last guest stint with us. Spain has ... Read full article

This just in from Ireland :  A large mortgage bank there, AIB, has agreed to a plan to split some mortgages into a "good" tranche, equal to 80% of the current market value of the home (forgiving the other 20% of that tranche) and another, ... Read full article

Bhashkar Mazumder (Federal Reserve Bank of Chicago) and Sarah Miller (Notre Dame) have a new study out that examines the effect of Massachusett's major health care reform in 2006 on individuals' financial well-being. Similar to the Affordable ... Read full article

The postal banking idea has been getting a lot of attention.  See, e.g., here  (David Dayen) and here  (Elizabeth Warren). Yet, the more I think about it, the more I wonder if the  postal  part of the idea is actually convoluting things. ... Read full article

My friend, Frank Venis, sent me a link to a Planet Money/NPR story that 42.1% of home purchases are now in cash. I have been meaning to write up a quick post on the story since the story appeared, but my day job kept interfering. ... Read full article

I've got an op-ed about postal banking in today's American Banker.  Basic point:  there's a tension between doing postal banking to generate revenue for the Post Office and doing postal banking for financial inclusion.  But it's an ... Read full article

I've been following with some interest the saga of pitchman Kevin Trudeau and his battle with a federal judge here in Chicago . The judge refuses to believe that Trudeau is not hiding scads of wealth in offshore accounts to avoid paying a $37 million ... Read full article

Like Pamela, I’m very delighted to join Credit Slips . As Bob mentioned in his kind introduction, I spent a year as a policy fellow at the Consumer Financial Protection Bureau. One of the most things I got to work on while I was there were the rules ... Read full article

I'm thrilled to join Credit Slips as an occasional contributor. As Bob mentioned, my research focuses on religious organizations that file under chapter 11. Based on the approximately 500 religious institutions that filed between 2006 and 2011 (about ... Read full article

It's all the rage these days to beat up on law school as a bad investment and to moan about the economic travails of the legal profession.  There are some reasonable critiques that can be leveled at the shape of legal education and its costs and ... Read full article

There have been many news stories reporting on how the CFPB’s new “ability to pay” mortgage rules, now in effect, will make it harder for regular hard-working Americans to get home loans. ... Read full article