Recent Posts

Skipping mortgage loans isn’t for all

Almost 6% of mortgage loans are in forbearance, meaning about 3 million homeowners have delayed payments, according to data released this week by the mortgage bankers’ trade group. That’s a 60% jump from the prior week, and industry observers estimate that the number of loans in forbearance could eventually climb to as high as 15%. So who’s postponing their mortgage ...

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A major roadblock is liability from Covid-19

If America is going to restart its economy, at whatever pace, it needs to think about a major roadblock: liability from Covid-19. If a university or workplace reopens, and some employees or students get sick, should they have the right to sue? In the absence of clarity on this question, many risk-averse institutions will simply wait, as their lawyers will ...

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It’s politics as usual in Italy’s state-led firms

The anti-politics Five Star Movement may be part of Italy’s ruling coalition. But recent nominations to the boards of Italy’s state-backed companies look as pro-politics as ever. Oil major Eni SpA, utility Enel SpA and defense group Leonardo SpA are among those that get a boardroom review every three years. The quixotic hope is that appointments are made via a ...

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