Industry Reports Archive

Question: I have a loan officer who issued a loan estimate that predates the application date by 1 day. While I don’t believe this to be best practice, I’m not certain whether it’s also a violation of regulation. Can someone please confirm? Answer: Assuming the required ...Read More

by Charles W. Prueter, Waller The benefits of arbitration to frequent and experienced litigants are widely known. For example, discovery generally is more limited, the length of the entire proceeding typically is shorter, the information at the center of the dispute more easily remains ...Read More

By John Berteau, Associate General Counsel For banks, environmental risk management addresses concerns about the present by looking into the past and gazing into the future. A good environmental risk policy looks to the past to identify existing environmental liabilities before making loans secured ...Read More

by Kenneth Douglas, Porter Keadle Moore Today, baby boomers are still one of America’s largest demographics, with the U.S. Census estimating them on target to represent more than 20 percent of the nation’s total population by 2029. More so, this generation is quickly adding ...Read More

Question: Under Reg. DD, if a time account product is advertised generally is there a requirement to provide the term for CDs if a specific CD product is not advertised, and instead, simply that time accounts are among products offered? Answer: No, you’re not ...Read More

by Bob Fowlkes, Maynard Cooper & Gale On May 24 President Trump signed into law the “Economic Growth, Regulatory Relief and Consumer Protection Act” (the “Act”). While the Act may ease the HMDA reporting burden on many banks, it may not be the panacea ...Read More

by Rob Nichols If you are like many of the hundreds of bankers I have talked to since joining ABA three years ago, odds are you have an issue with your core provider. Yes, these companies are critical partners, and they deliver many excellent ...Read More