JP Morgan – Too Big To Manage?
“Taking on these greater risks raises the likelihood that an investor, even a major financial institution, suffers large losses. If they suffer large losses, then they
“Taking on these greater risks raises the likelihood that an investor, even a major financial institution, suffers large losses. If they suffer large losses, then they
No sooner did I post a piece about the evils of force-placed insurance [here], than American Banker interviewed Kevin McKechnie, executive director of the American
Foreclosure today is not what it used to be. In the past, banks and borrowers tried to avoid foreclosure, since it was a lose-lose proposition
In a hastily convened telephone conference, B.L. Zebub, Belial Bank’s devilish, but distraught, leader, queries the attendees on the remarkable [some might say “miraculous”] turning
[This post is the second in a two-part discussion of the recent case of James vs. MERS, et. al. The full text of Judge Simon’s
“In Roman mythology, the god Janus, for whom each year’s first month is named, was the deity of beginnings and endings. According to legend, the
Well, the stealthy lending lobby is up to its old tricks. Just as they did in the 2011 Oregon Regular Session, they prefer to work
Word has it that Oregon has agreed to sign on to the 50-state attorneys general settlement with five of the country’s largest banks: Bank of
It has recently been reported that Big Banks must have ‘living wills’ in place by July, 2012. In estate planning circles, a “living will” is
As we move into the New Year, our friends in the banking, servicing, and title industries have hastily convened a conference call to deal with