Credit

Bankruptcy

How to Use and Not Use Chapter 11 in Bad Economic Times

At the moment, the bankruptcy court may be an unfriendly place for impatient lenders.

Kenneth A. Rosen
April 3, 2020
Credit

Banks Brace for Crisis Loan Program Rollout

Lenders fear the launch of the $350 billion program could be "a disaster that could dwarf the failed kickoff of the Obamacare enrollment web site in 2013."
Cash Flow

Increase DPO, If You Can: Metric of the Month

In uncertain economic times, companies need liquidity. But they also need strong supplier relationships.
Credit

Moody’s Cuts Corporate Debt Outlook to Negative

The Fed's unusual intervention in the market will help but "is unlikely to prevent distress at businesses with less certain long-term viability."
Credit

Fitch Lowers Outlook for Consumer Finance Sector

Loan forbearance offers to coronavirus-hit consumers are "prudent" but lenders' credit performance could “deteriorate rapidly” once they expire.
Credit

Mortgage Relief Could Cripple Loan Servicers

Forbearance programs would cause liquidity problems for nonbank mortgage providers, the industry says.
Credit

Moody’s Downgrades Ford Deeper Into Junk

The rating agency says the threat of "a severe and prolonged decline" in auto markets due the coronavirus adds to the pressures on the company.
Credit

Mortgage Company Suspends Lending for Two Weeks

Impac Mortgage hopes the pause will give the Fed's efforts to stabilize the mortgage-backed security markets time to take effect.
Credit

Avoiding the Floor on Negative Rates

The impact of the inability of a borrower to take advantage of negative base rates is significant.
Coronavirus

Virus Expected to Slam Retail, Restaurant Sales

S&P expects "very significant disruptions and sales deterioration" through the second quarter due to store closings and economic contraction.
Coronavirus

Fed Expands Asset Purchases to Boost Markets

“We are now in QE infinity, again,” a CIO says after the Fed announced unlimited asset purchases in response to the coronavirus crisis.
Credit

Square Analysts React to FDIC’s Conditional Banking License Approval

The fintech company began its bid for a banking charter over two years ago.
1 2 3 … 105

Latest Articles

Image coming soon
Coronavirus

Airlines Meet Deadline for Payroll Grant Program

April 3, 2020
Coronavirus

Google Launches ‘Mobility Reports’ to Monitor Social Distancing

April 3, 2020
People

CFOs On the Move: Week Ending April 3

April 3, 2020
The Economy

Weekly Jobless Claims Soar to Record 6.64M

April 2, 2020
Cybersecurity

Zoom Issues Apology After Security Lapses

April 2, 2020