Banking Law Update

A blog from the attorneys of Verrill

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Financial Institutions . . . In the News

  • Machias Bancorp MHC and its subsidiaries newest bank directors are Zachary Means and LuAnn Ballesteros. (Mount Desert Islander 6.4.2015)
  • US Regulators urge caution when considering reverse mortgages.(Maine News Online 6.5.2015)
  • Financial decisions today may not be wise for tomorrow. (Pittsburg Post-Gazette 6.11.2015)
  • Houses vacated during the foreclosure process create numerous issues for lenders and neighborhoods. (Investors.com 6.12.2015)
  • Androscoggin Bank’s trust department seeking approval to become Portland Trust Co. to have offices in Lewiston and Portland. (PPH 6.15.2015)
  • Maine community banks almost double the value of commercial loans processed from 2007 to 2014. (PPH 6.18.2015)
  • Mortgage restrictions imposed on six banks for failing to comply with home foreclosure enforcement orders. (Maine News Online 6.18.2015)
Topics: Current Events in Banking
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