Monthly Archive:: January 2021

Q: If the bank is escrowing for flood insurance is there a regulatory requirement to also escrow for real estate taxes or can the bank waive it? A: The federal regulations only require you to escrow for taxes and hazard insurance if the loan ...Read More

by Rob Nichols, American Bankers Association President & CEO As impossible as it is to believe, we have been living in a global pandemic for an entire year. What began as a headline from a distant corner of the world quickly became a worldwide ...Read More

By Elizabeth Brusa, Chris Hawkins, and Alex Dugan, Bradley On Dec. 9, Congressional Democrats, including Elizabeth Warren (D-Mass.) and Jerrold Nadler (D-N.Y.), proposed sweeping legislation that would overhaul consumer bankruptcy law. The proposed changes, if adopted, generally would make it easier for consumers to ...Read More

by Charles W. Prueter, Waller For everything there is a season, and a time for every matter under heaven, a wise man said long ago. And 2020 showed us that all the things and all the matters can, in fact, be jam-packed into one ...Read More