Breaking Archive

Legislators returned to Montgomery last Tuesday for the start of the 2020 Regular Session. When representatives and senators arrived in the capital last year, they were laser-focused on “Rebuild Alabama,” legislation that increased the gasoline tax and allocated new revenue to transportation projects. But ...Read More

by Charles Prueter, Waller On the first Tuesday in March, the Supreme Court will hear oral argument in a momentous case: Seila Law LLC v. Consumer Financial Protection Bureau, No. 19-7. Readers familiar with this piece of litigation will recall that the question here ...Read More

The 2020 Regular Session of the Alabama Legislature begins tomorrow at noon. This is the second regular session in the current four-year term for Alabama’s 140 legislators. Though representatives and senators return to Montgomery years away from their own re-election, the atmosphere remains somewhat ...Read More

Question: Can I use proof of disclosing the Closing Disclosure to the borrower from the Title Company, or does the proof have to be from us the Lender?   Answer: As far as specific evidence of delivery for the Closing Disclosure, Reg. Z doesn’t ...Read More

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