Monthly Archive:: November 2020

Q: Bank XYZ has a new commercial transaction where a closed-end loan is paying off a line of credit. The line of credit is dwelling secured and the new loan will also be dwelling secured but with different collateral. It will, however, be the ...Read More

by Mike Murphey, Porter White & Co. The best way to understand what is happening in your market is to do what Alabama Community Bankers excel at every day…understanding your clients and their financial needs. That said, having reliable, timely economic data applicable to ...Read More

by Drew Patty, McGlinchey Even before the current pandemic, businesses large and small were increasingly relying on outsourced software application hosting, also known as “cloud computing,” or “software as a service” (SaaS), to improve efficiency and profitability. Some businesses also outsource computing infrastructure under ...Read More

by Christopher Friedman and Austin Holland On Sept. 3, the U.S. Department of Housing and Urban Development (HUD) issued its final rule on the implementation of the Fair Housing Act’s disparate impact standard. The Fair Housing Act (FHA) prohibits discrimination in many housing-related activities ...Read More