by Jay Maddox

Amid the flurry of economic news last month, Congress enacted the Economic Growth, Regulatory Relief and Consumer Protection Act (S.2155) that contained a long list of rollbacks of post-recession regulations under the Dodd-Frank Act. The good news for banks and borrowers is that this bill includes important clarifications and modifications to the previous High Volatility Commercial Real Estate (HVCRE) requirements promulgated in 2015 under Basel III that make it easier for banks to make acquisition, development and construction (“ADC”) loans. Click here to read the full article.