2020-06-10
The Ninth Circuit on June 1 affirmed a key bankruptcy principle that liens may survive and “pass through” the bankruptcy process even if the underlying claim secured by the lien is disallowed. The facts in Lane v.
Read More from: Bankruptcy and Restructuring Blog
2020-06-10
The Federal Housing Administration's move to insure loans with forbearance could help support homeownership opportunities constrained by the coronavirus if one change was made to it, trade groups said.
Read More from: BankThink
2020-06-10
The central bank is only now nearing the launch of the credit facilities after the effort was announced in April. But Chairman Jerome Powell said loans have been available through other means.
Read More from: BankThink
2020-06-10
Members of the Small Business Committee signaled backing for broadening Paycheck Protection Program access for the smallest companies, encouraging participation by nonbank lenders and other improvements.
Read More from: BankThink
2020-06-10
The venture with Goldman Sachs represents the first time Amazon has let a third party control the underwriting process of one of its financing offerings.
Read More from: BankThink
2020-06-10
In wealth management and consumer lending, banks are starting to win back clients they had been losing to startups.
Read More from: BankThink
2020-06-10
After initially processing the loans manually, the Minnesota bank turned to "low code" software to build the electronic forms and workflows needed to approve loan applications.
Read More from: BankThink
2020-06-10
On June 4 the Consumer Financial Protection Bureau (CFPB) issued proposals to address issues arising from the required transition away from the London Interbank Offered Rate (LIBOR) scheduled for the end of 2021. LIBOR has been widely used as a b
Read More from: Bankruptcy and Restructuring Blog
2020-06-10
On 8 June, 2020 the 5th Circuit ruled against the chapter 13 Trustee on a matter a number of trustee's are asserting in plans proposing 100% to unsecured creditors. Brown v. Viegelahn, 2020 U.S. App.
Read More from: Tampa Bankruptcy
2020-06-10
Accountants, as well as lawyers and consultants, who helped small businesses apply for emergency relief funds through the Paycheck Protection Program want to be compensated. Are they entitled to be?
Read More from: BankThink
2020-06-10
A blueprint that includes more CRA and tax credits for lower-income African Americans would help a demographic disproportionately harmed by the coronavirus pandemic.
Read More from: BankThink
2020-06-10
Subchapter V (New Bankruptcy law subchapter) and Who May be a Debtor?
Read More from: Shenwick & Associates
2020-06-10
Johnson is exiting the state with the sale of the four locations.
Read More from: BankThink
2020-06-10
Bracing for the next phase of the coronavirus recession: Bankruptcies
June 9, 2020
Read More from: Shenwick & Associates
2020-06-10
The group behind NewBank is pursuing a charter with the Office of the Comptroller of the Currency to offer banking services nationwide.
Read More from: BankThink
2020-06-10
Small businesses that took out the loans will soon be applying for forgiveness; U.S. Secretary of State Pompeo and one of HSBC's large investors criticized the bank for buckling to Chinese pressure.
Read More from: BankThink
2020-06-10
The operative TILA sections for this discussion are § 1635 and § 1640.
Read More from: Krieg DeVault