Banking Update

The Office of the Comptroller of the Currency recently announced the release of the “Commercial Real Estate Lending” booklet (available here) of the Comptroller’s Handbook to replace its dated “Commercial Real Estate and Construction Lending” booklet, which was issued in 1995. As CRE lending regains traction across the county, the new […]

Although a lender’s risk of environmental liability is a consideration with any loan, the recent resurgence in commercial real estate and commercial and industrial lending after an extended lull over the last few years has caused some to place renewed emphasis on environmental compliance.   Environmental liabilities associated with the […]

“Location, location, location” is a common phrase used in connection with real estate financing, but don’t forget that “location, location, location” is equally as important in connection with agricultural loans secured by personal property. A lender needs to know where the collateral is located and needs to make sure it […]

The CFPB’s latest “Supervisory Highlights” Report provides some useful information relating to the regulator’s recent supervisory actions and highlights areas of focus related to compliance management systems, mortgage servicing and fair lending.   Compliance Management Systems The CFPB has long taken the position that compliance management is vital to prevention […]

The Federal Reserve has appealed a district court decision that would have vacated the Fed’s Regulation II, which implements the Dodd-Frank Act’s interchange fee cap and dual routing rule for debit cards.   On July 31, 2013, the United States District Court for the District of Columbia issued an opinion […]