Breaking Archive

Question: We have a few questions about mortgage payments. Our core is set up so that mortgage payments are applied in the following order: The monthly escrow is put into the escrow account. The remainder is applied to interest. If anything remains after interest ...Read More

by Marc Adesso and Kevin Tran, Waller Evolution of Federal Hemp Legislation For decades, federal law failed to distinguish hemp from other varieties of the cannabis plant, all of which were made illegal under the Controlled Substances Act of 1970 (the “Controlled Substances Act”).  ...Read More

R. Kane Burnette and Alan K. Zeigler, Bradley It doesn’t matter which of Alabama’s 67 counties you live in – there’s a county board of education in your county, and that board has a fleet of the familiar school-bus yellow school buses transporting students ...Read More

By Maggie Thompson Somewhere along the way (perhaps, not-so-coincidentally, as we each made the transition from child to adult) the holiday season became one big ball of pressure—with financial worry at its core. Statistics seem to support that spending (and, often, overspending) plays a ...Read More

by Rob Nichols Odds are your bank has a story that illustrates a disturbing trend affecting older Americans today. Perhaps one of your tellers noticed a regular customer suddenly showing up at the bank with a new “best friend.” Or staff detected unusual activity ...Read More

Question: Is an “assumed” loan HMDA reportable? There was only one borrower when the loan was originated (not this year) and the loan was reported in that year. The Bank has now allowed another borrower to assume the note from the original borrower.   ...Read More

by Charles W. Prueter The Supreme Court of the United States is open to the public from 9 a.m. to 4:30 p.m., Monday through Friday. (That includes the gift shop, where you can buy any number of gavel-shaped trinkets, including a gavel-headed pencil with ...Read More