Industry Reports Archive

by James H. White, III Author’s note: The following is a memorandum from an investment bank to a hypothetical bank client faced with the possibility of a dissent and appraisal action in connection with a sale of the bank. Confidential Memorandum To: Community Banker ...Read More

QUESTION: Under Reg. Z, the NMLS ID and name would be required on mortgage, note, application, LE and CD for any dwelling-secured loan. Is that correct?   ANSWER: Reg. Z section 1026.36 requires the NMLS ID to be on the note, security instrument, application, ...Read More

by Heather Howell Wright and Stewart Cox Directors and officers (D&O) insurance policies provide protection to the directors and officers of a company for claims asserted against those directors and officers arising from the management of the company. D&O policies may also protect the ...Read More

by Marc Adesso With so many community banks being acquired as part of a general consolidation in the industry, many institutions must sell their own equity securities in order to scale operations. A key decision banks must make when considering a sale of securities ...Read More

by Elena A. Lovoy The summer movie line-up always includes sequels or reboots of prior box office hits and this summer has been no exception. “Mamma Mia! Here We Go Again” was released on July 20. The Bureau of Consumer Financial Protection (BCFP) also ...Read More

by Charles W. Prueter Since the departure of Justice Sandra Day O’Connor in 2005, Justice Anthony Kennedy has been considered the “swing” vote in cases of great moment, and focusing on—at times, obsessing over—how he would see the law became an oft-repeated ritual each ...Read More

by William “Bill” C. Athanas and Andrew “Drew” A. Warth Lost among the flurry of recent media stories was a relatively quiet but vitally important pronouncement by the Department of Justice: a policy enabling companies to avoid criminal prosecution when violations were uncovered and ...Read More