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Today's News

June 17, 2018 - 7 new headlines

County, Alpha settle outstanding tax debt - Gillette News Record

06/17/2018 County, Alpha settle outstanding tax debtGillette News RecordAlpha has agreed to pay the county $8.67 million to cover the final installment of tax owed for 2015 and all but about $4 million of tax still owed for 2016, according to a settlement filed late last month in U.S. Bankruptcy Court in [more]
Tags: Lawsuits, News

Teresa and Joe Giudice's Bankruptcy Case Is Now Over - Christian Post

06/17/2018 Teresa and Joe Giudice's Bankruptcy Case Is Now OverChristian PostThe "Real Housewives of New Jersey" star Teresa Giudice and her husband Joe are already cleared from their bankruptcy case. TMZ reported that a judge dismissed their 2009 bankruptcy case on Friday. However, it does not [more]
Tags: Cases of Interest, News

Lancaster County bankruptcies: June 17, 2018 - LancasterOnline

06/17/2018 LancasterOnlineLancaster County bankruptcies: June 17, 2018LancasterOnlineHere is a list of Lancaster County bankruptcies recorded in U.S. Bankruptcy Court, Eastern District of Pennsylvania, Reading, June 5-11. Renaldo A. Angelini Sr., 300 block of North Prince Street. Chapter 7. Alfred Jr. and [more]
Tags: Liquidation, News

Bankruptcy filings in metro Detroit - Crain's Detroit Business

06/17/2018 Bankruptcy filings in metro DetroitCrain's Detroit BusinessThe following businesses filed for bankruptcy protection in U.S. Bankruptcy Court in Detroit June 8-14. Under Chapter 11, a company files for reorganization. Chapter 7 involves total liquidation. E.L. Bailey and Co. Inc., 6904 Ravines [more]
Tags: Filings, News

Bankruptcies for June 17, 2018 - The Hutchinson News

06/17/2018 Bankruptcies for June 17, 2018The Hutchinson NewsBANKRUPTCIES. WICHITA - The following persons from central and southwest Kansas have filed bankruptcy petitions with the federal district court. Unless otherwise noted, the filings are Chapter 7. Anthony. Theodore Ray McDermott, aka Ted [more]
Tags: Filings, News

For the record: Certificates of partnerships and bankruptcies - Tulsa World

06/17/2018 For the record: Certificates of partnerships and bankruptciesTulsa World(Listed by owner, tenant or building name. This weekly update lists new commercial construction, expansions and enlargements of more than $50,000. Information from initial applications and subject to change. Dollar amount is [more]
Tags: Filings, News

Bankruptcies, June 17 - News-Press Now

06/17/2018 Bankruptcies, June 17News-Press NowToday's listing covers June 2 to 8. Petitioners may file for protection under Chapter 7 (liquidation of assets); Chapter 11 (reorganization of business finances); or Chapter 13 (reorganization of personal finances). Carla R. Smith, Amazonia, Missouri [more]
Tags: Liquidation, News

County, Alpha settle outstanding tax debt - Gillette News Record

06/16/2018 County, Alpha settle outstanding tax debtGillette News RecordAlpha has agreed to pay the county $8.67 million to cover the final installment of tax owed for 2015 and all but about $4 million of tax still owed for 2016, according to a settlement filed late last month in U.S. Bankruptcy Court in [more]
Tags: Lawsuits, News

THE LAKEPOINT EFFECT? Officials weigh in on economic impact of facility's bankruptcy - Daily Tribune News

06/16/2018 Daily Tribune NewsTHE LAKEPOINT EFFECT? Officials weigh in on economic impact of facility's bankruptcyDaily Tribune NewsWith eight LakePoint Sporting Community affiliates filing for Chapter 11 bankruptcy June 11, however, questions have arisen over how the financial well-being of LakePoint may — [more]
Tags: Filings, News

Blogs

White House aide Kraninger is Trump's choice to lead CFPB

06/16/2018 President Donald Trump has chosen Kathy Kraninger, a little-known White House budget aide, as director of the Consumer Financial Protection Bureau, an administration official said. [more]
Tags: , Bankruptcy Blogs, BankThink, CFPB, Mick Mulvaney, Trump administration

Hanmi looking for new CEO after leader sets retirement date

06/15/2018 C.G. Kum, who has been the Los Angeles company's CEO the past five years, plans to retire in May. [more]
Tags: Bankruptcy Blogs, BankThink, california, Community banking, Growth strategies, Succession planning

OCC issues bulletin on CRA exam cycle, assessment areas

06/15/2018 The new guidelines are a prelude to a much larger effort by regulators to modernize implementation of the Community Reinvestment Act. [more]
Tags: , Bankruptcy Blogs, BankThink, CRA, FDIC, Federal Reserve, Joseph Otting, OCC, Regulatory reform

Trump said to favor little-known OMB official as next CFPB chief

06/15/2018 Kathy Kraninger, an obscure official at the Office of Management and Budget, is President Trump's leading candidate to become director of CFPB, according to sources. [more]
Tags: , Bankruptcy Blogs, BankThink, CFPB, Mick Mulvaney, Sailthru NMN origination no display, Sailthru NMN servicing no display, Trump administration

Behind BofA's hiring push in low-income areas

06/15/2018 Bank of America is in expansion mode and wants to add 10,000 retail and other workers who better reflect the communities it serves. [more]
Tags: , Bank of America, Bankruptcy Blogs, BankThink, Branch network, Consumer banking, Diversity and equality, Growth strategies, Recruiting

Is GSE capital proposal an academic exercise — or a whole lot more?

06/15/2018 No plan will be implemented as long as Fannie Mae and Freddie Mac remain in conservatorship, but a capital framework for the companies could still have a substantive impact. [more]
Tags: , Bankruptcy Blogs, BankThink, Fannie Mae, FHFA, Financial regulations, Freddie Mac, GSE reform, Housing finance reform, Mel Watt, Minimum capital requirements

CFPB leadership decision, fintech's future: Five events to watch next week

06/15/2018 From a major CFPB deadline to a long-anticipated fintech report, there's a lot to watch for in the days to come. [more]
Tags: , AML, Bankruptcy Blogs, BankThink, CFPB, FDIC, Fintech regulations, J. Mark McWatters, Mick Mulvaney, OCC, Treasury Department, Trump administration

USAA vs. Wells, BofA's Erica, SARs relief: Top stories of the week

06/15/2018 Wells Fargo on the receiving end of USAA's long-standing intellectual property threat; millions are mad about Erica, Bank of America's virtual assistant; relief may be in reach for bankers fed up with SARs; and more from this week's most-read stories. [more]
Tags: , Bank of America, Bankruptcy Blogs, BankThink, Fintech, Lawsuits, Marijuana banking, OCC, Payday lending, USAA, Virtual assistants, Wells Fargo

Activist investor ratchets up rhetoric by pressing HomeStreet to sell

06/15/2018 Blue Lion Capital, which has been a vocal critic of the Seattle company's strategy, also wants management to consider selling its MSR portfolio. [more]
Tags: , Activist investors, Bankruptcy Blogs, BankThink, Community banking, Consolidations, HomeStreet, M&A, washington

Banks took wide-ranging actions to head off more sales abuses: OCC

06/15/2018 The agency has provided new information about changes large and midsize banks are making in the wake of the Wells Fargo scandal, but Senate Democrats continue to press for more details. [more]
Tags: , Bankruptcy Blogs, BankThink, Consumer banking, Disputes and judgments, Elizabeth Warren, Joseph Otting, Law and regulation, OCC, Sherrod Brown, Wells Fargo