In July 2017, the Consumer Financial Protection Bureau finalized updates to the TILA-RESPA Integrated Disclosure (TRID). Read on to get up to speed on the updates and how they may affect your institution.
When banks originate loans, they typically charge various fees called loan origination fees. The determination of when a bank includes these fee types in income depends on the bank’s accounting method.
Small banks present a unique set of opportunities and challenges to a prospective buyer. Staying disciplined and focused on the underlying future-earnings capacity drivers of a target bank can help buyers traverse some challenges.