«Taking a focused look at clarifying the regulatory environment around online lending, reducing some of the burdens of regulation on small and community banks, and reducing
the burdens on community banks so they can go back to making more small - dollar loans is a good thing,» she says.
Not exact matches
«Since the fall of»08 we have lost one
community bank a day seven days a week... as a result, quite truthfully, of, obviously competition from nonbanks, but most particularly by a huge regulatory
burden, some 12,000 pages of proposed and final rules in Dodd - Frank,» Frank Keating, president and chief executive of the American Bankers Association, warned in a television interview
on Tuesday.
«The New York City business
community supports recommendations of this commission to reduce some aspects of the tax
burden, including simplification and consolidation of business and
bank taxes, accelerated phase out of a surcharge tax
on utilities, and raising the threshold for estate taxes to conform with federal standards,» she said.
«The Economic Growth, Regulatory Relief, and Consumer Protection Act contains some favorable provisions for the housing industry, including expanding Fannie Mae and Freddie Mac's use of alternative credit scoring models; holding Property Assessed Clean Energy, or PACE, loans more accountable; and improving access to manufactured housing, as well as easing credit through reduced regulatory
burdens on smaller
community banks and credit unions,» said NAR President Elizabeth Mendenhall in a statement.
The bill also reduces some regulatory
burdens on credit unions and smaller
community banks, which are often the main source of home mortgage financing in rural areas.
«It contains some favorable provisions for the housing industry, including expanding Fannie Mae and Freddie Mac's use of alternative credit scoring models and easing credit through reduced regulatory
burdens on smaller
community banks and credit unions.»