Newsroom Headlines

  September 22, 2009 FDIC May Borrow Funds from Banks Senior regulators say that they are considering a plan to have the nation’s healthy banks lend billions of dollars to rescue the Federal Deposit

  September 21, 2009 House Panel to Examine Discharging Student Debt in Bankruptcy The House Judiciary Subcommittee on Commercial and Administrative Law has scheduled a hearing on Wednesday titled,

  September 18, 2009 Bankers Face Sweeping Curbs on Pay Policies that set the pay for tens of thousands of bank employees nationwide would require approval from the Federal Reserve as part of a far

  September 17, 2009 FDIC Sells Failed Franklin Bank’s Troubled Mortgages to Private Investor The Federal Deposit Insurance Corp. announced yesterday that they had reached a deal to sell $1.3 billion

  September 16, 2009 Lehman Says Barclays Received $5 Billion Windfall from Deal, Looks to Reclaim Some Assets Lehman Brothers Holdings Inc. said Barclays Plc received at least a $5 billion windfall

  September 15, 2009 Judge Rejects Settlement Over Merrill Bonuses U.S. District Judge Jed S. Rakoff refused to approve a $33 million deal that would have settled a lawsuit filed by the Securities and

  September 14, 2009 Mortgage Measure Signed Into Law in North Carolina North Carolina homeowners could get a reprieve before a foreclosure under legislation signed into law last week by Gov. Beverly

  September 11, 2009 Thornburg Execs Come under U.S. Trustee Scrutiny U.S. Trustee W. Clarkson McDow Jr ., who is overseeing the bankruptcy of real estate investment firm TMST Inc., formerly known as

  September 10, 2009 Lawmakers Warn Lenders on Pace of Mortgage Modifications Frustrated lawmakers warned yesterday that the lending industry could face a renewed push for cramdown legislation if it

  September 9, 2009   Report: Another Foreclosure Wave Looms with Option ARM Resets A report by Fitch Ratings released yesterday said that the housing market faces the prospect of a new round of