‘Anti-defense bill’ would put public defenders at risk of jail and hamper their work, critics say
ABA Journal Daily News
ABA Journal Daily News
A recent American Banker article speculated about financial system weaknesses that might lead to the next economic crisis. Some of the issues on the list, like student debt, seem unlikely to lead to a crisis but are more likely to re-emerge as a serious problem for the financial sector once an economic downturn occurs. Foreclosure […]
Paul Volcker, the former chairman of the Federal Reserve, once quipped that the ATM was “the only useful innovation in banking for the past 20 years.” Today's regulators, especially ones taken with the new fintech industry, would do well to remember that new doesn't necessarily mean better for most people. Foreclosure News
Natural disasters are now the leading driver of lenders' foreclosure risk, with last year's hurricanes causing a rise in third-quarter filings in affected markets, according to Attom Data Solutions. Overall, total foreclosure filings – properties with a default notice, scheduled for auction or repossessed by a bank – fell to their lowest level since the […]
ABA Journal Daily News
ABA Journal Daily News
At least 22,123 Pag-IBIG Fund members are at risk of losing houses they acquired through loans on account of the failure of developers to transfer the titles of the mortgaged properties in their names. The Commission on Audit noted in its 2017 annual audit report for the Home Development Mutual Fund that housing loans granted […]
ABA Journal Daily News
The loans in question are nowhere near the toxic mortgages that brought down the financial system last decade. Foreclosure News
ABA Journal Daily News