Board Briefs Archive

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

by Gaines Brake and Jim Goyer, Maynard Cooper & Gale Authors’ note: This article provides an update to an article published in Vol. 2, No. 4 of Board Briefs, in which the authors discussed pending federal legislation for reporting by financial institutions of suspected ...Read More

by Brian Fink The recent resolution of the PHH case is good news for banks that originate mortgages. The court vacated the CFPB’s $109 million fine for PHH’s alleged violations and provided helpful guidance regarding the permissibility of working with others—even if a referral ...Read More

by Houston Holmes, Porter Keadle Moore While cryptocurrency’s role in traditional banking is still being defined, the reality is that consumers are choosing to invest in it. And, because banks desire to be consumers’ primary partner in all money-related activities, increased market adoption of ...Read More

by Brian J. Malcom Does your bank have a website?  Unless your bank uses an abacus to tally deposits, the answer is probably yes. If so, do you know if your bank’s website complies with the Americans with Disabilities Act (“ADA”)?  Did you even ...Read More

Through its state political action committee, BankPAC, the Alabama Bankers Association made numerous campaign contributions to candidates who emerged victorious from last night’s Republican and Democratic Primary Elections.  Specifically, candidates in 73 statewide executive, judicial, and legislative races received a combined total of $247,500 ...Read More

by Jeffrey Barringer Lenders new to the manufactured housing market, or those that exited the market and are now reentering, may be surprised by the limitations imposed on how potential borrowers find financing at a retailer. The Shift to a Direct Lending Model Prior ...Read More