Pacifica L 51 LLC v. New Investments Inc. (In re New Investments Inc.), 840 F.3d 1137 (9th Cir. 2016) – The debtor proposed a chapter 11 plan that included curing defaults under a mortgage loan. The lender objected because the … Continue reading
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Lawmakers from both parties asked experts Tuesday if institutions with less than $10 billion of assets should be exempt from Dodd-Frank regulations, signaling a possible bipartisan compromise.
The Arkansas company has bought 12 banks in Florida since 2010, and its CEO said he had coveted Stonegate for years before agreeing to buy it this week. Yet there is nagging talk about a new bubble in the Sunshine State.
The Trump administration is seeking to immediately shut down the Treasury Department’s grant programs for community development financial institutions.
The settlement, which requires judicial approval, will cover customers' fees and other costs related to about 2 million unauthorized accounts.
Proposals to split the chairman and CEO roles at banks have rarely succeeded. But new developments — including a proposal to require separate roles for the next generation of managers — are helping concerned shareholders slowly make inroads.
Former "Bond King" and the firm he co-founded patch up their differences for a reported $81 million; Supreme Court inaction means merchants can pursue more claims against Visa and Mastercard over swipe fees.
The Office of the Comptroller of Currency is trying to do its part to address fintech regulation, but the OCC lacks the mandate to solve the broader fintech issues facing the entire financial ecosystem.
A group of 10 Republican senators are calling on Treasury Secretary Steven Mnuchin to drop the government’s appeal of a ruling last year that rejected MetLife’s designation as a systemically risky firm and to de-designate the remaining two SIFI nonbanks.
Suspending Fannie Mae and Freddie Mac's regular dividend payments to the Treasury, thus enabling the companies to replenish their reserve capital, would put their future on better footing.
Demographic trends continue to fuel demand for apartments, and there is a large volume of 2007 vintage loans up for refinancing, says Jeffery Hayward, Fannie Mae's head of multifamily mortgage.
As blockchain projects have proliferated, the need for them to be compatible with one another has become paramount.
The Federal Housing Finance Agency is facing criticism from bankers and credit unions over its planned pilot program to allow Fannie Mae and Freddie Mac to securitize manufactured housing loans.
MySpend, the app created by TD Bank and Moven, is a hit in Canada. The companies have signed an agreement to extend exclusivity to the U.S.
Richard Hunt of the Consumer Bankers Association on reg reform, the chances for a Durbin rollback and more.
With a "needs to improve" rating, Wells Fargo is now subject to a wide range of regulatory restrictions on things like branch openings and M&A.
Ocwen Financial is a step closer to the day when it can resume purchases of mortgage servicing rights.
As online lenders and their vendors step up monitoring, patterns of fraud are emerging.
Young professionals have a reputation in banking for hopping from job to job. So what exactly are they looking for? The same things as older peers: solid benefits and better pay, according to recent surveys.
The Bankruptcy Code puts specific demands upon the debtor seeking to eliminate debt through a bankruptcy filing. It is important for clients to realize that these demands are inherent in the bankruptcy code and are not needless demands from their bankruptcy attorney. In many cases, debtors will wrongfully assume that the demand is coming from+ Read More
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