Banking Law Update

A blog from the attorneys of Verrill

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Financial Institutions . . . In the News

  • Mortgage refinancing is available to many homeowners through HARP, but Americans are skeptical. (MPBN 8.26.14)
  • Coordinated hacker attacks struck JP Morgan and other banks. (New York Times 8.27.14)
  • Bank of America is close to a $16-17 billion settlement with Justice Department over sale of mortgage-backed securities. (Portland Press Herald 8.6.14)
  • Maine ranks 30th in nation for mortgage closing costs. (Mainebiz 8.4.14)
  • FAME increases loan-insurance by 50% or up to $375,000 for commercial borrowing. (Portland Press Herald 8.4.14)
  • U.S. Senators introduce legislation to provide regulatory relief to small financial institutions and credit unions. (Insurance News.net 7.13.14)
  • Why the economy is still stifled after the housing collapse. (MPBN 7.24.14)
  • U.S. House votes to change banking laws related to the marijuana industry. (MSN 7.17.14)
  • Maine Supreme Court rules MERS’ has limited ability to assign mortgages in Bank of America, N.A. v. Greenleaf. (Mondq.com 7.16.14)
Topics: Current Events in Banking