ABI Blog Exchange

Why Credit Scores Shouldn't Be Part of QRM

A minimum credit score would not cap or regulate risk, or even measure it consistently. Instead it would ensure that the risk floor for QRMs would actually fluctuate.

Crystal Cathedral gives founder board vote again

"The Crystal Cathedral megachurch has restored the voting rights of its founder, the Rev. Robert H. Schuller, on the church's governing board." Read more here.

The Broke and the Beautiful: Vegas Edition

"This week on The Broke and the Beautiful, Beso’s back in the news and football players are fumbling. Also, actor Tobey Maguire may need to ramp up his Spidey senses for next year’s poker-lawsuit trial." Read more here.

Madoff, Borders, Lehman, Giordano’s, Spansion: Bankruptcy

Nice summary of bankruptcy current events: read it here.

A Professional Lender's Perspective on the Debt-Ceiling Crisis

If I came across a borrower who is deep in debt and whose obligations exceed their income and yet continues to borrow to service those obligations, I would not consider them a good risk.

The Broke and the Beautiful: Vegas Edition

Hector Guerrero/AFP/Getty Images This week on The Broke and the Beautiful, Beso’s back in the news and football players are fumbling. Also, actor Tobey Maguire may need to ramp up his Spidey senses for next year’s poker-lawsuit trial. The fun never

BANKRUPTCY BEACH READING Bankruptcy Trivia

Perhaps you will find yourself in the office this afternoon, realize that everyone else has left for the Hamptons, and wonder what you could look up on your favorite search engine while giving all appearances of doing serious research (even though no

The Daily Docket: Borders Preps for Sale

As liquidators work to clear books from its retail shelves, Borders Group Inc. is preparing for a sale that could enable the bookseller’s brand to live on even after its stores go dark. Read the Daily Bankruptcy Review article here. The Roman

Consumer Bankruptcies Overtake Small Business Bankruptcies in Q2 2011

In a recent, nationwide study on small business and consumer bankruptcies, Equifax identified some interesting trends that pose questions about the future direction of an economic recovery. While small business bankruptcy petitions have consistently

Consumer Financial Protection Bureau Open For Business

Read the Opinion of Judge Kaplan (S.D.N.Y.) Regarding Motions to Dismiss the Class Action Complaint Alleging Securities Law Violations Regarding Lehman Brothers

Chapter 7 Will Work According To Calumet City Bankruptcy Lawyer

Link This is the example of Kim Wallace. She lives on Sibley Boulevard in Calumet City, Illinois. She’s interested in filing a fresh-start Chapter 7. She owns no real estate, she is renting; she’s got a yearly lease, which expires in March. Her

Does prepaid car maintenance save money?

If the dealer pitches prepaid car maintenance, consider the pros and cons before you buy.

Zion Bankruptcy Attorney Recommends a Fresh Start

Link This is the case of Mr. Williams. Mr. Williams lives in Zion, Illinois, which is in Lake County, Illinois. He did a Chapter 7 bankruptcy 11 years ago, so he qualifies again. It’s been over eight years and a day. He’s not a homeowner. He’s

Homer Glen Bankruptcy Attorney Suggests Chapter 7

Link This is the case of Miss Wexler. Miss Wexler is living in Homer Glen, Illinois. She has never filed bankruptcy before. She’s not a homeowner, and she’s not renting from anybody, so she’s living with family or friends. She has a ’01 Ford Ranger

What is an Unsecured Debt?

In Colorado, an “unsecured” debt is any debt for which you haven’t pledged collateral and for which your lender has not obtained a lien against you. If your debt is unsecured, your lender cannot repossess or seize any of your property if you’re

Does your auto insurance cover towing?

Are you covered for a towing and labor? Find out and get a free auto insurance quote.

Survey: Car shoppers tap brakes

Bankrate's survey finds that today's car shoppers are most concerned with price and fuel economy.

Should you accept an unsolicited loan modification?

The lender offers a mortgage modification that you didn't request. Should you accept it?

Save on car insurance after you retire

Give your car insurance carrier one of these reasons to lower your premium in retirement.