Banks of all sizes must confront the rapid integration of artificial intelligence within their institutions (and everywhere, for that matter). AI tools are already widely used, often without proper oversight, as employees and...more
5/15/2025
/ Algorithms ,
Artificial Intelligence ,
Banks ,
Competition ,
Data Privacy ,
Ethical Standards ,
Financial Institutions ,
FinTech ,
Gramm-Leach-Blilely Act ,
Regulatory Requirements ,
Risk Management
Automated loan software can be effective for documenting consumer loans and some basic low-value commercial loans. However, most commercial transactions require greater attention on the front end than simple form generation....more
Banks own and operate a Real estate contractsurprising amount of real estate for their branches and offices. There were over 77,500 bank branches in America as of the end of 2023. By comparison, McDonalds has about 13,000...more
After an Event of DefaultContract occurs, it is important to understand the options available to the Lender other than demanding repayment or simply waiving the default. A Forbearance Agreement allows the Lender to preserve,...more
Since early 2023, there has been consistent reporting of possible turbulence and increased default risk relating to commercial real estate loans. These concerns are driven by historic levels of maturing debt, which is in many...more
Most businesses are affected during a recession, from financial implications to employee retention. As uncertainty about the future increases, make sure your business has a plan in place in order to see the light at the end...more
Reports of potential trouble in commercial real estate lending have steadily increased this year.
Per the Wall Street Journal, a record number of commercial mortgages are expiring in 2023. Prices for commercial...more
Commercial loan documents may be impacted by new treatment of leases under ASC 842-
Lenders and non-public companies should be aware of the impact of Financial Accounting Standards Board (FASB) ASC 842, the new lease...more
It’s May in Indiana, which means flowers are blooming, the Indianapolis 500 is here, and the spring installment of Indiana property taxes are due. Property taxes in Indiana are paid twice a year, with payments generally due...more
Can improvements to real estate, such as buildings, be owned separately from the land beneath them? This is not usual, although permissible, such as in a ground lease situation; however, a recent decision from the Indiana...more