ABI Blog Exchange

CFPB data collection plan may be too costly for some banks, credit unions

Wall Street engineers embark on expanding a Bitcoin derivative

What Happens at the End of a COVID Mortgage Forbearance?

WHAT HAPPENS AT THE END OF A COVID-19 FORECLOSURE FORBEARANCE? Can servicers demand a large balance? Generally, the servicers should not be demanding full payment following a COVID forbearance. There are a number of loss mitigation options for people

FDIC tech sprints spark new product ideas for fintech participants

Why banks will be slow to raise deposit rates after Fed hike

Crypto industry masters Washington’s ‘revolving door’ as its influence grows

Harmony or Mismatch? A virtual event on mass torts and bankruptcy on February 28

Just wanted to make sure Credit Slips readers were aware of this virtual event at noon Eastern/3 Pacific on February 28. Bonus: a link to a masterful analysis of the topic by Professor Elizabeth Gibson that the Federal Judicial Center...

Harmony or Mismatch? A virtual event on mass torts and bankruptcy on February 28

Just wanted to make sure Credit Slips readers were aware of this virtual event at noon Eastern/3 Pacific on February 28. Bonus: a link to a masterful analysis of the topic by Professor Elizabeth Gibson that the Federal Judicial Center published in

Barclays hits record annual profit as dealmakers outperform

CBDCs are the future of money, but bank apps are stuck in the past

How is the Biden Administration addressing student loan debt? See article below in newsy.com

Interesting article in newsy.com (URL below) about how the Biden Administration is addressing student loan debt. https://www.newsy.com/stories/president-biden-s-policy-on-student-loan-…

Banks freeze millions in convoy funds under Trudeau edict

HSBC under investigation in U.S. over WhatsApp use

Startup pitches loans repaid by paycheck deduction

What Happens with My Tax Refund If I File for Personal Bankruptcy?

What Happens with My Tax Refund If I File for Personal Bankruptcy? When debt becomes unmanageable, many people wonder where they can turn for help. Filing for bankruptcy can help you discharge certain debts; however, the process itself is anything

Banks that stuck with Russia face their biggest test of nerve

Diane was patient, thorough, sympathetic, quick with responses and obviously knew what she was doing.

“ Diane was patient, thorough, sympathetic, quick with responses and obviously knew what she was doing. ” D.S. I’ve never had to consult a bankruptcy attorney before but recently had to do just that on behalf of a family member. Although we decided

Federal regulators scrutinize BofA for its response to California benefits fraud

Class Proofs of Claim Involve Procedural Minefield

Bankruptcy has been likened to a class action. In a typical class action, a class representative files suit against a defendant seeking relief on behalf of a class of plaintiff. If class certification is not granted, the suit continues as a

Where Is The Promised Student Loan Relief?

Today’s post riffs off the student loan story by Bart Jansen, Where Is The Student Loan Relief? Justice Department correspondent in USA Today. Executive Order? Not diving into this one today. Suffice it to say the Trump administration concluded that