ABI Blog Exchange

ABI Executive Director Samuel J. Gerdano: Economy Stuck in Neutral

Ninth Circuit BAP Requires Proof of Assignment of Note in Order for Lender to Have the Right to Foreclose on Deed of Trust

There are many cases throughout the country where borrowers, both in and out of bankruptcy, dispute the right of the mortgage holder to foreclose a deed of trust against the borrower’s home. Allegations abound that the “lender” seeking to foreclose

Third Round of Public Comments for Mortgage Disclosure Forms Announced by Consumer Financial Protection Bureau

by Troutman Sanders CFPB Team In what has become one of the CFPB's signature regulatory initiatives - "Know Before You Owe" - the CFPB announced on July 28, 2011 that it would be conducting its third round of public commenting and consumer testing on

Japan Moves to Weaken Yen

Receiver Battles Holder of Right of First Refusal and Wins…This Time

Picture this: a court-appointed receiver attempts to sell corporate assets consistent with the authority vested in him by the court. The holder of a right of first refusal on the property objects to the sale. Who should prevail in this tug-of-war

Who Will Go Bankrupt Next?

The Daily Docket: ‘Old’ GM Sitting on ‘New’ GM Stock

General Motors’ bankruptcy estate is still holding onto $2.36 billion worth of securities in the reorganized auto maker, meaning old bondholders and other creditors will continue to see payments on top of the nearly $8 billion already received this

CMBS Defaults & Delinquencies on the Rise? Yes. Distressed or Defaulted CMBS Loans Still Misunderstood? Yes.

Two things jumped out at me this morning: I was surprised to read about Fitch's announcement that CMBS defaults rose to 12.9% at the end of June, and that CMBS delinquencies were at a record high in July (at 9.88%). This means that work on distressed

CD rate and APY: What's the difference?

In today's low interest-rate environment, a CD's rate and APY aren't far apart.

Save while whittling debt

Reducing debt is good, but set a pace that also allows you to form the funding for your future.

8 ways to accelerate retirement savings

Put your savings on the fast track and increase the odds of successful retirement planning.

6 worst home fixes for the money

An added bathroom isn't going to pay for itself. And don't even think of a big-bucks home office.

Guide: Who should buy life insurance?

Who should buy life insurance? A lot depends on how you expect the payoff to help your survivors.

7 reasons why you should refinance

A refinance can make sense for many reasons, from getting a lower rate to consolidating debt.

Tapping an IRA for college, home purchase

The IRS lets you access IRA funds penalty free to defray college costs and to purchase a home.

How much money will your whole life insurance policy generate?

The rate of return on your whole life policy is important to know but hard to determine. These tips can help.

Mortgage rates plummet on debt deal news

A shaky economy and the debt crisis in Europe have mortgage rates on a downward spiral.

Healthy Banks Set Up for Paralysis from Analysis

Banks should be subject to reasonable rules and oversight, but universal application of reviews are for the most part overkill threatening the ongoing viability of many small banks.

Say-on-Pay Approval Below 70% May Receive “Greater Attention”

ISS has issued its preliminary US post-season report, which is full of useful statistics about the 2011 proxy season for the data hound. Broc notes some of the key highlights in TheCorporateCounsel.net blog. The report also provides a possible hint

Say-on-Pay Approval Below 70% May Receive “Greater Attention”

ISS has issued its preliminary US post-season report, which is full of useful statistics about the 2011 proxy season for the data hound. Broc notes some of the key highlights in TheCorporateCounsel.net blog. The report also provides a possible hint