If The Courts Can’t Regulate Banks, Why Do We Have To Worry About Attorney Escrow Account Rules?
For the same reason that I have to worry about DFS cybersecurity rules.
Don't Get Caught In the Part 504 Trap – Like Deutsche Bank
Do you remember Department of Financial Services Part 504?
Sharia-Compliant Loans to Muslim Customers
Islamic law prohibits paying interest on loans. There are many fine distinctions beyond the scope of this b...
Don’t Accidentally Lose the Attorney/Client Privilege
The attorney/client privilege protects many confidential communications between attorney and client.
Be Careful With Charitable Pledges As Collateral
It’s a great charitable organization, you’re going to get CRA credit, and you want to convince the wealthy ...
Watch Out – Not All Hazard Insurance Is the Same
We recently closed a purchase money commercial mortgage loan for a bank lender.
Emergency Response Teams and the Fair Credit Reporting Act
If a debtor disputes a loan, the FCRA prohibits a creditor from reporting the loan to a credit bureau witho...
No Good Deed Goes Unpunished. The Unintended Consequences Of Protecting Elderly Customers
Many banks have programs to protect elderly customers against financial abuse.