ABI Blog Exchange

2014-10-21
Here’s the latest news and events from DailyDAC, LLC. Don’t forget to check out the newest listings on the Opportunistic Deal Database and the Mature Deal Database!
2014-10-21
It seems that just about every month or so a lender or a towing company is withholding the debtor’s vehicle despite the fact that a chapter 13 bankruptcy case had been filed.
2014-10-21
I recently met a client who first learned that she had been sued when she received a post card in the mail from the court indicating that a default judgment had been entered against her.  Frequently I meet clients who first learn of a judgment when t
2014-10-21
I recently met a client who first learned that she had been sued when she received a post card in the mail from the court indicating that a default judgment had been entered against her.  Frequently I meet clients who first learn of a judgment when t
2014-10-21
The Community Reinvestment Act is often used as a tool to address a broad range of social problems. But the lawÂ's expanded purpose may distract banks from their primary mission of direct lending to low- and moderate-income communities.

Read More from: BankThink

2014-10-21
Although the bankruptcy world has long been acquainted with Ponzi schemes, the courts have not clearly answered the question of how to distribute investors’ funds after a scheme fails – especially in the scenario where certain investors profit.
2014-10-21
The SEC's mammoth whistleblower bounty offers a reminder that financial institutions should emphasize a culture of compliance and transparency, lest frustrated employees head to the government to find an audience that will listen.

Read More from: BankThink

2014-10-20
Many have predicted that banks will be unwilling to accept the additional risks associated with non-QM lending. But a recent survey suggests that some lenders are dipping their toes into the waters.

Read More from: BankThink

2014-10-20
Being one of the first defendants to settle claims has its pros and cons. On the one hand, defendants may avoid protracted litigation. On the other hand, future defendants may ultimately negotiate lower settlement amounts.
2014-10-20
Check out the latest news from Financial Poise. Don’t miss out on our upcoming live webinars!
2014-10-20
The federal government's unlawful sweep of Fannie and Freddie profits has sent a clear message to private capital: There's only downside to being the government's partner in a time of crisis.

Read More from: BankThink

2014-10-20
Receiving Wide Coverage ...

Read More from: BankThink

2014-10-19
I was pleased to see today’s New York Times editorial entitled “A Rate Cap for All Consumer Loans.”  It created a very public de

Read More from: Credit Slips

2014-10-17
In Episode 6 of Accredited Investor Markets Radio, host Chris Cahill and Jesse Clem, the co-founder and CEO of Loquidity, talk about investing in real estate.
2014-10-17
As a general rule, bankruptcy courts do not enforce provisions in organizational documents, loan agreements, or other prepetition contracts that purport to alter or waive the protections of the Bankruptcy Code.
2014-10-16
The perception that public employee pension obligations cannot be impaired in bankruptcy

Read More from: Bankruptcy Law Insights

2014-10-16
The perception that public employee pension obligations cannot be impaired in bankruptcy

Read More from: Bankruptcy Law Insights

2014-10-16
The ability of a foreign debtor to avail itself of the protections of the Bankruptcy Code, such as the automatic stay, with respect to its property located within the United States is one of the most fundamental and valuable tools available to foreig