Publications Archive

Question: We are in the process of underwriting a Commercial 10 YR Term loan to a Church for the purpose of purchasing a single family residence (zoned as single family) that will be used as a place of worship. Is this a HMDA covered ...Read More

by Brian Malcom, Waller Unfortunately, big data breaches are not new. So there is the temptation to shrug one’s shoulders and think, “It’s just another day in modern life.” A data breach at a financial institution, however, demands our attention. In March 2019, Capital ...Read More

Question: I’m not sure how to handle deferred student loan payments. I have a borrower that is working as a teacher and stated that her student loans would be paid for by the state. Does Appendix Q state that I can in essence ignore ...Read More

by Charles W. Prueter Author’s note: The Court is not currently in session and will not return until October. The Update will begin previewing cases for the October 2019 Term next month. A young man from Chicago by the name of John Paul Stevens ...Read More

Question: We have a commercial loan transaction where the borrower is purchasing a commercial building and repurposing it into 18 residential condos. Is this loan HMDA reportable?   Answer: Unfortunately, the regulation does not specifically address the situation of a non-residential building is being ...Read More

by Charles W. Prueter, Waller A young man from Chicago by the name of John Paul Stevens enlisted in the U.S. Navy on December 6, 1941. Pearl Harbor was attacked the next day, and he served the country throughout World War II. He returned ...Read More

by Bruce Ely and Jimmy Long, Bradley EDITOR’S NOTE: In May of 2018, at the request of the Alabama Department of Revenue (“ADOR”), the Alabama Bankers Association (“ABA”) established a working group of tax experts to study ways to modernize and clarify the statutes ...Read More