Bank Law Monitor
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Scam Likely: (S)he’s Just Not That Into You
Welcome to the second installment of our “Scam Likely” series where we blow the lid off recent scams, frauds, and other financial crimes. In our first post, we examined the growing threat of bank impersonation scams and the staggering financial losse...
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Thinking About Electing the CBLR? One Size Does Not Fit All
Now that the dust has settled on the revisions to the Community Bank Leverage Ratio (“CBLR”) framework, the focus is shifting from understanding what has changed to deciding whether the revised framework is worth electing. The CBLR framework allows q...
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Scam Likely: The Call Is Coming from Inside the Bank — Or Is It?
Welcome to the first installment of our “Scam Likely” series where we blow the lid off recent scams, frauds, and other financial crimes. People in the U.S. are losing an estimated $119 billion to scams every year. On top of that, for many banks, th...
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Oh HEL(OC) no: Washington Supreme Court Curtails Non-Judicial Foreclosures of HELOCs
Washington lenders have long relied on non-judicial trustee sales as the primary (and less expensive) mechanism for resolving defaulted home loans. For decades, courts and lenders considered home equity lines of credit (HELOCs) secured by deeds of tr...
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A Ba(n)ker’s Dozen: Ending the De Novo Drought in Oregon
Thirteen …
Oregon has only 13 state-chartered banks left (soon to be 12).
In fact, the last bank formed in Oregon was in 2007.
Recognizing this drought, Oregon is making big moves to change that.
Last week, Oregon passed a historic bill
to incentiv...
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Crypto Kindergarten: A Crash Course In Digital Assets
You are not alone if you like things explained to you like you are a five-year old, especially puzzling things like cryptocurrency, stablecoins, and tokenized deposits. Before crypto class begins, let us get our words straight: Cryptocurrency, stab...
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