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An important post about the great industry bugaboo – "regulatory uncertainty" – and the issue of "qualified mortgages," which, as Adam has noted , has become something of a political football. ... Read full article
An important post about the great industry bugaboo – "regulatory uncertainty" – and the issue of "qualified mortgages," which, as Adam has noted , has become something of a political football. ... Read full article
Whaddayaknow -- the Ghanaian commercial court upheld the detention of the Argentine tall ship at the request of the defaulted bond holders. ... Read full article
I was delighted to see Melissa Jacoby’s call in September for more poetry on creditslips.org ! Therefore, I wish to share the poem I wrote that served as basis for the lyrics to a consumer protest song that accompanies a non-profit consumer outreach film, ... Read full article
Adam Levitin commented on the eBay's opt-out arbitration program on CreditSlips.org a few weeks ago, and there have been campaigns calling for consumers to opt out of eBay's program. ... Read full article
Yesterday, I wrote about the "squeaky wheel system," or "SWS" for ease of reference, which I explored in my article, Access to Consumer Remedies in the Squeaky Wheel System . The research shows that consumers who have and take the ... Read full article
First, I want to thank you for the invitation! ... Read full article
We've posted before about Layaway's resurgence after the Great Recession. A new development: gearing up for the holiday season, many major retailers are waiving their layaway fees, and consumers are responding positively. Here's ... Read full article
We are pleased to welcome Professor Amy Jean Schmitz of the University of Colorado as a guest blogger. She has done a lot of work in the area of consumer contracting and consumer arbitration. Welcome, Amy, to Credit Slips . ... Read full article
On behalf of all the regular Credit Slips bloggers, I wanted to thank Professor Barry Scholnick for joining us this week and offering a "north of the border" perspective on consumer bankruptcy issues. It was especially insightful to think about ... Read full article
A court in Ghana has "detained" an Argentine navy ship with over 200 sailors on board , as part of the continuing effo ... Read full article
A bankruptcy case from the 1990s called LTV Steel has amazingly enough become an issue in the U.S. ... Read full article
Back at the dawn of Credit Slips , we were privileged to have Regular Pottow. For the uninitiated, I am of course referring to Professor John A.E. Pottow of the University of Michigan Law School. Due to the press of other responsibilities, John had to ... Read full article
Mitt Romney made a surprising claim in last night's Presidential debate: that the lack of a regulatory definition of Qualified Mortgage (QM) under the Dodd-Frank Act is what's causing banks to hold back from lending. This claim, while perhaps ... Read full article
Earlier this week I wrote about the extensive data that have been made available to me by the Canadian bankruptcy regulator, the Office of the Superintendent of Bankruptcy (OSB). The main element of the database is the balance sheet from every ... Read full article
Some thoughts on the indirect costs of financial distress, over at Dealbook . ... Read full article
Today, October 2, is the last day for the nation's five largest mortgage companies to implement the servicing reforms in the National Mortgage Settlement. As California Monitor, I issued my first report to highlight one of the most important ... Read full article
I was very interested to read a Credit Slips blog post a few weeks ago by Melissa Jacoby concerning the recent paper of Rafael Pardo and Kathryn Watts. ... Read full article
A few very quick impressions about the NYAG's suit against JPMorgan. ... Read full article
I am very happy Bob Lawless invited me to be a guest blogger on Credit Slips for the next few days. I have been reading Credit Slips for a long time and I really enjoy it. In the next few days I would like to talk about some of my economics based research ... Read full article
At the Boulder Conference of Consumer Financial Decision Making , Professor Barry Scholnick of the University of Alberta presented some fantastic research about the influence of neighbors on the decision to file bankruptcy. Scholnick's findings with ... Read full article