Are You Prepared for the Subprime Lending Crisis

The spread of foreclosures and bankruptcies related to the subprime lending market poses a significant challenge for bankruptcy attorneys. Are you prepared to help your clients adapt to changing laws and regulations growing out of the subprime lending crisis?

LexisNexis has created a new focus on subprime lending by pulling together existing content and working with new and existing authors to develop expert analysis on the topic. To make these materials easy to find, they are now included in an Emerging Issues section on the front of the Bankruptcy Area of Law Practice Page that includes content on the subprime lending crisis. This content will help you by:

• Providing expert analysis of emerging issues so you can evaluate risk in anticipation of legislation or court decisions.
• Providing analysis of proposed regulations as they relate to on going business practices.
• Making it easy to stay ahead of impacts of political and economic events as well as those constantly recurring and never solved legal issues with top issue analysis.
• Offering practical insights from experts in the field to help you guide your clients through the maze of potential legislative, regulatory and political implications.

You’ll find the following content in the Subprime Lending area:

• Sommer on Foreclosures: Bankruptcy Issues—Henry J. Sommer, editor-in-chief of Collier on Bankruptcy®, describes how for many of these borrowers, the current bankruptcy system offers little help. Rather, the best hope for relief lies in an amendment to the Bankruptcy Code.
• Mega News, Credit Regulation—Contains a combination of news and legal news sources published in the United States with premium content and wire services where more than 60% of the stories originate in the United States. Stories are focused on the topic: Credit Regulation—targeting government oversight of commercial and consumer credit and lending practices. The scope includes the US Fair Credit Reporting Act and Equal Credit Opportunity Act.
• Mega News, Subprime Mortgages—Contains a combination of news and legal news sources published in the United States with premium content and wire services where more than 60% of the stories originate in the United States. Stories are focused on the topic: Subprime Mortgages—targeting mortgages extended to borrowers with poor or minimal credit histories.

Additional materials will be added to the Emerging Issues section of the Bankruptcy page as they become available.