News & Analysis as of September 23, 2024

Mortgages › Marijuana

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The term "mortgage" typically refers to a mortgage loan. A mortgage loan is a financing instrument where an individual or business borrows money to purchase property (usually real property) and... more +

Nutter Bank Report, January 2019

Nutter McClennen & Fish LLP on 1/31/2019

New Data Breach Law Requires Free Credit Monitoring for Massachusetts Consumers - Recent amendments to the Massachusetts data security breach law will require any person – including, in relevant part, any bank or any bank...more

Your Daily Dose of Financial News

Robins Kaplan LLP on 1/15/2019

British lawmakers are voting today on Theresa May’s updated Brexit plan, and by all accounts, it’s been a mad dash for the Prime Minister in recent weeks to shore up support for a plan “that could go down to a humiliating...more

Federal Prohibition of Marijuana Restricts Lenders Ability to Issue Loans to Borrowers Employed in Marijuana Industry

Hinshaw & Culbertson LLP on 4/10/2018

A Rhode Island mortgage lender recently rescinded approval of a loan application because the prospective borrower reported income from his employment in Rhode Island's medical marijuana industry. The lender was aware of the...more

Year in Review: Legislation and Guidance for Federal Financial Institutions in 2017

Blake, Cassels & Graydon LLP on 2/8/2018

2017 marked another year of prodigious development of legislation and regulatory guidance impacting federal financial institutions in Canada. The new wave of initiatives in 2017 included the second stage of the...more

2017 Arizona Case Law Affecting Commercial Real Estate and Lending

Clark Hill PLC on 10/12/2017

The following information accompanies a presentation Mike gave to members of the Arizona Commercial Mortgage Lenders Association (ACMLA) on October 10, 2017. Arizona Case Law – Late Fees and Liquidated Damages Provisions -...more

BankinBits First Quarter Recap

Stinson LLP on 4/18/2014

The BankinBits blog, which discusses recent developments in the banking industry, has within the first quarter of 2014 addressed a diverse range of topics including banking services for the marijuana industry, the shuttering...more

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