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.
Read More from: Business Finance & Restructuring News - Weil
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.
Read More from: Business Finance & Restructuring News - Weil
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
2014-10-19
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.
Read More from: Business Finance & Restructuring News - Weil
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
Read More from: Business Finance & Restructuring News - Weil
2014-10-16
This Friday will mark nine years since the bankruptcy laws were last changed.
Read More from: David M. Siegel | Chicago Bankruptcy Law
2014-10-16
The trading day in the U.S. ended on October 15th with stocks suffering their biggest losses in years, wiping out the year’s gains in many U.S. and European indexes.
2014-10-15
Co-hosts Chris Cahill and Alicia Purdy are joined each week by a guest to discuss the basics of angel investing, crowdfunding, private equity, venture capital, hedge funds, and other investment vehicles beyond publicly traded securities.
2014-10-15
The risk that a trader will mistakenly enter an incorrect stock order is on the rise as mobile- and cloud-based platforms become more popular.
Read More from: BankThink