Industry Reports Archive

Following the Senate’s recent approval of the Education Trust Fund (ETF) appropriation bills, the Alabama House of Representatives has now passed its version of the crucial budget. The main ETF budget bill, SB112, saw minimal changes in the House. This budget allocates $9.9 billion ...Read More

Alabama Senate Republicans utilized a rarely invoked procedural tactic, the cloture petition, last Thursday to curtail Democratic debate and accelerate the passage of several conservative bills. The five bills, now advancing to the House, encompass measures mandating pre-installed pornography filters on minors’ electronic devices ...Read More

In an uncertain economy, one thing is sure: A First Step Mortgage Revenue Bond loan from AHFA helps homebuyers save thousands. On a median-priced home with a 30-year FHA loan, that’s an average savings* of more than $56,000 – about $1875 per year for ...Read More

Though it’s made homeownership more affordable for nearly 5,000 Alabama households, the Mortgage Credit Certificate (MCC) is one of the most misunderstood housing programs on the market today. Tens of thousands of dollars in tax credits are available to your customers through this federal ...Read More

by Rob Nichols, American Bankers Association Each year in mid-June, we observe World Elder Abuse Awareness Day (WEAAD)—a day intended to call attention to the pervasive and worsening problem of elder abuse, including financial exploitation. According to a 2022 FinCEN advisory, elder fraud scams ...Read More

Q: Does CAN-SPAM require a marketing email to have some variation of “AD”, “ADV” or “ADVERTISEMENT” in the subject line? A: That is not a specific requirement. What the law requires is that there is a clear and conspicuous identification of the message as ...Read More

School Choice Bills A slate of school choice bills began to move through the legislative process this week. First, Rep. Collins’ HB 363, which clarifies the funding structure for conversion charter schools and reforms the Alabama Charter Commission appointment process, passed the House on ...Read More